FilingReader Intelligence

Goal Rise Logistics expands in Traditional Chinese Medicine sector

July 8, 2025 at 05:04 PM UTCBy FilingReader AI

Goal Rise Logistics (China) Holdings announced the acquisition of Bozhou Lelaohao Medical Co., Ltd. ("Target Company") through its indirect wholly-owned subsidiary. The group will acquire 100% equity interest in the Target Company for a total consideration of RMB900,000. The Target Company holds a Pharmaceutical Operation Permit and focuses on the wholesale and distribution of pharmaceutical products, medical devices, and protective medical supplies. Goal Rise Logistics expects the acquisition to enhance the group's strategic development in the traditional Chinese medicine sector by extending its logistics capabilities and connecting upstream manufacturing with downstream retail pharmacies and hospitals. The acquisition will consolidate the Target Company's financial results into the Group's consolidated financial statements. The group plans to integrate resources and enhance management efficiency, aiming to offer comprehensive supply chain services, including financial, data, and management solutions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when Goal Rise Logistics (China) Holdings publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →