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PW Medtech Gains Approval for Sichuan Ruijian Medical Spin-off

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PW Medtech Gains Approval for Sichuan Ruijian Medical Spin-off

PW Medtech Group Ltd. ( (HK:1358) ) has issued an announcement.

PW Medtech Group Ltd. announced that the resolution regarding the proposed spin-off and listing of Sichuan Ruijian Medical on the Beijing Stock Exchange was successfully passed during their Extraordinary General Meeting (EGM) held on February 13, 2025. This development signifies a strategic move that could enhance the company’s market positioning and operational focus, potentially impacting stakeholders by expanding its presence in the medical industry.

More about PW Medtech Group Ltd.

PW Medtech Group Ltd. operates in the medical industry with a focus on developing and manufacturing medical devices. The company is involved in various healthcare sectors, aligning its strategies towards innovative solutions in the medical field.

YTD Price Performance: -10.0%

Average Trading Volume: 5,463

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €174M

For a thorough assessment of 1358 stock, go to TipRanks’ Stock Analysis page.

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