Shanghai Pharmaceuticals Holding Co., Ltd (SHSE:601607) acquired Fimet Oy on June 28, 2021. With joined forces the companies will benefit from large scales of purchase volumes and manufacturing. This combined with European technology gives strategic edge. Shanghai Pharmaceuticals Holding Co., Ltd (SHSE:601607) completed the acquisition of Fimet Oy for approximately CNY 200 million on June 28, 2021. The purchase price was financed via own funds.