Fosun Pharma returns funds used for working capital
Shanghai Fosun Pharmaceutical Group (the "Company") announced that its project implementation entities have fully returned the funds temporarily used to supplement working capital. This action was approved at the ninth session of the 54th meeting of the board and the sixth meeting of the supervisory board in July 2024. The funds, not exceeding CNY 41,000,000, were drawn from proceeds of the Company’s 2022 non-public A-share offering, and were designated for temporary working capital supplementation. As of July 7, 2025, all funds have been returned to the dedicated fund accounts. The Company has notified China International Capital Corporation Limited, the recommending institution for the offering, of the completion of the return.
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 Shanghai Fosun Pharmaceutical Group publishes news
Free account required • Unsubscribe anytime