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China Jo-Jo Drugstores ( (CJJD) ) has issued an update.
China Jo-Jo Drugstores, Inc. announced that its Annual General Meeting of Shareholders will be held on February 25, 2025. Key proposals include a divestiture and acquisition plan involving Zhejiang Jiu Xin Investment Management Co. Ltd. and Ridgeline International Limited, respectively, a company name change to Ridgetech, Inc., and several structural changes to the company’s share capital. These decisions could significantly impact the company’s operations and market positioning, reflecting strategic shifts aimed at enhancing shareholder value and market compliance.
More about China Jo-Jo Drugstores
China Jo-Jo Drugstores, Inc. operates in the pharmaceutical retail industry and is a Cayman Islands exempted company. The company is primarily focused on providing pharmaceutical products and healthcare services, with a significant market presence in China.
YTD Price Performance: -23.50%
Average Trading Volume: 14,161
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $9.32M
For an in-depth examination of CJJD stock, go to TipRanks’ Stock Analysis page.
