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North China Pharmaceutical signs financial services agreement with Jizhong

May 21, 2025 at 05:12 PM UTCBy FilingReader AI

North China Pharmaceutical has announced a strategic move to enhance its financial operations by signing a "Financial Services Agreement" with Jizhong Energy Group Finance Co., Ltd. This agreement, approved by the board and pending shareholder approval, will facilitate a range of financial services including deposits, settlements, credit facilities, and cash management, all designed to optimize capital utilization and reduce financing costs. The term of the agreement is three years.

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

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