Jointown Pharmaceutical Group Co., Ltd announced a private placement of 23,300,000 preferred shares at an issue price of CNY 100 per share for the gross proceeds of CNY 2,330,000 on August 25, 2022. The transaction has been approved in the 16th meeting of the fifth board of directors. The shares are restricted to a hold period of 2 years.
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- Jointown Pharmaceutical Group Co., Ltd announced that it expects to receive CNY 2.33 billion in funding