Genertec Universal Medical Group Company ( (HK:2666) ) has issued an update.
Genertec Universal Medical Group Company Limited announced the issuance of the first tranche of domestic medium-term notes by its wholly-owned subsidiary, China Universal Leasing Co., Ltd., in the PRC. The issuance, amounting to RMB 0.5 billion, is aimed at domestic institutional investors and will be used to repay maturing debts. This strategic move is expected to enhance the company’s financial stability and strengthen its position in the market.
More about Genertec Universal Medical Group Company
Genertec Universal Medical Group Company Limited operates in the healthcare industry, focusing on medical services and leasing solutions. The company is involved in providing healthcare management and medical equipment leasing services, primarily targeting the Chinese market.
Technical Sentiment Signal: Hold
Current Market Cap: $1.08B
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