Shandong Xinhua Announces Major Fish Oil Acquisition

Shandong Xinhua Pharmaceutical Company Limited Class H (HK:0719) has released an update.

Shandong Xinhua Pharmaceutical Company Limited has signed a letter of intent to acquire up to 75% equity in Novo Sana (Taicang) Co., Ltd., a leader in China’s Omega-3 nutritional oil industry. This strategic move is aimed at enhancing its supply chain and expanding its presence in the fish oil sector, aligning with its focus on the comprehensive health market. The acquisition is set to boost the company’s operational efficiency and market competitiveness through resource integration.

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