HENGRUI PHARMA (01276) has announced the signing of a capital increase agreement on March 25, 2026, with Hengrui Group, Shengdi Biopharmaceutical Fund, Shenzhen Yingtai, and Shanghai Ruihongdi. The agreement will raise Shanghai Ruihongdi's registered capital from approximately 131.6 million yuan to about 230.3 million yuan.
Under the terms of the agreement, HENGRUI PHARMA, Hengrui Group, Shengdi Biopharmaceutical Fund, and Shenzhen Yingtai will collectively contribute a total of 750 million yuan in cash, proportionate to their stakes. HENGRUI PHARMA's investment will amount to 285 million yuan.
Following the completion of the capital increase, the shareholding structure of Shanghai Ruihongdi will remain unchanged, with HENGRUI PHARMA, Hengrui Group, Shengdi Biopharmaceutical Fund, and Shenzhen Yingtai holding 38.0%, 28.0%, 19.0%, and 15.0% equity, respectively.
Shanghai Ruihongdi primarily engages in technology development, consulting, services, and transfer within the pharmaceutical sector. The company possesses an independent core technology platform and strong research and development capabilities, requiring continuous investment to maintain its operational and technological competitiveness.
The capital injection pursuant to the agreement is intended to ensure Shanghai Ruihongdi has sufficient funds for operations, product development, and business expansion, which may potentially enhance the investment returns for HENGRUI PHARMA.
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