Shanghai Pharmaceuticals Signs 2026 Sales and Procurement Framework Agreement

Reuters2025-12-29

Shanghai Pharmaceuticals Signs 2026 Sales and Procurement Framework Agreement

Shanghai Pharmaceuticals Holding Co. Ltd. announced that it has entered into the 2026 Sales and Procurement Framework Agreement with Yunnan Baiyao Group Co., Ltd. The agreement covers the sales and purchases of medicines, medical devices, health care products, food products, traditional Chinese medicine (TCM) decoction pieces, and TCM ingredients between the two companies. The transactions under this agreement are classified as continuing connected transactions and are subject to reporting, annual review, and announcement requirements under Chapter 14A of the Hong Kong Listing Rules but are exempt from circular and independent shareholders' approval requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Pharmaceuticals Holding Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251229-11968929), on December 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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