Tiansheng Pharmaceutical Group Co., Ltd. cancelled the acquisition of Chongqing Dachuang Electrical Equipment Co., Ltd. from Chongqing Changlong Industrial Co., Ltd.
December 11, 2018
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Tiansheng Pharmaceutical Group Co., Ltd. (SZSE:002872) agreed to acquire Chongqing Dachuang Electrical Equipment Co., Ltd. from Chongqing Changlong Industrial (Group) Co., Ltd. for CNY 31 million on December 12, 2017. On December 12, 2017, Tiansheng Pharmaceutical Group Co., Ltd. held the 9th session of the 4th directorate and approved this transaction. This transaction does not need approval from the shareholders’ meeting of Tiansheng Pharmaceutical Group Co., Ltd.
Tiansheng Pharmaceutical Group Co., Ltd. (SZSE:002872) cancelled the acquisition of Chongqing Dachuang Electrical Equipment Co., Ltd. from Chongqing Changlong Industrial (Group) Co., Ltd. on December 12, 2018.
Tiansheng Pharmaceutical Group Co LTD is a China-based company principally engaged in the research and development, manufacture and sales of pharmaceuticals. The Company's main products include pediatric lung cough particles, erythromycin enteric-coated capsules, silver ginseng Tongluo capsules, Salvia granules, Shugan Yi spleen granules, compound Ganoderma lucidum granules, Xiangdan injection, Injection, Qi and Diabetes tablets, liver capsule, Ling Jing capsule, lungs of nuclear paste, Shen Qi Yi lung pill, among others. The Company mainly distributes its products within domestic market.
TIANSHENG PHARMACEUTICAL GROUP CO., LTD. 
