Guangzhou Baiyunshan Pharmaceutical Holdings Company (HK:0874) has released an update.
Guangzhou Baiyunshan Pharmaceutical Holdings has entered into a significant transaction involving the disposal of accounts receivable worth RMB1 billion with Industrial Securities Asset Management. This transaction, when combined with previous similar transactions, surpasses the 5% threshold set by Hong Kong’s Listing Rules, thus requiring disclosure. The move signals the company’s strategic financial management and could impact investor interest in its stock.
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