Haining Kanghua Hospital Co., Ltd. announced that it expects to receive CNY 93 million in funding from Innovation Medical Management Co., Ltd.
April 25, 2021
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Haining Kanghua Hospital Co., Ltd. announced that it will receive CNY 93,000,000 in an equity round of funding on April 26, 2021. The transaction includes participation from returning investor, Innovation Medical Management Co., Ltd. (SZSE:002173) to retain its 100% stake in the company. The paid up capital of the company will increase from CNY 460,000,000 to CNY 553,000,000 post closing of the transaction. The transaction has been approved at the eighth meeting of the sixth board of directors and the thirty-first meeting of the fifth board of supervisors of the investor.
Innovative Medical Management Co Ltd, formerly Pure Pearl Group Co., Ltd., is a China-based company principally engaged in the provision of medical services. Through owning the interests of its subsidiaries, the Company provides medical services in key specialists, including burns, lumbar disc, breast, neurology, cardiovascular medicine and others, as well as in special specialists, such as obstetrics and gynecology, urology, nephrology and endoscopy, ophthalmology and others. The Company is also engaged in the cultivation, processing and distribution of pearls. Its products include pearls, accessories and health care products. The Company mainly conducts its businesses in domestic market.
INNOVATIVE MEDICAL MANAGEMENT CO.,LTD. 