Shanghai MicroPort MedBot Completes Placing of New H Shares Under General Mandate

Reuters
21 May
Shanghai MicroPort MedBot Completes Placing of New H Shares Under General Mandate

Shanghai MicroPort MedBot Group Co. Ltd. has announced the successful completion of the placement of new H shares under a general mandate. This strategic move aims to bolster the company's capital and support its growth initiatives. The process involved the issuance of 55,300,000 shares, comprising 30,163,500 sale shares and 25,136,500 placing shares. The company remains committed to expanding its operations and enhancing shareholder value. The executive team, led by Chairman Mr. Sun Hongbin, includes key figures such as Dr. He Chao and Ms. Fang Cong, who continue to drive the company's strategic objectives.

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