China Resources Medical Holdings Company Limited has announced the signing of a Sales of Medical Supplies Framework Agreement with Chongqing Energy Healthcare. The agreement, effective from June 19, 2025, through December 31, 2026, involves the sale of pharmaceuticals, medical consumables, medical devices, and other supplies to Chongqing Energy Healthcare Group and Target Entities. The annual caps for these transactions are set at RMB20 million for 2025 and RMB30 million for 2026. Chongqing Energy Healthcare, a connected person of China Resources Medical, is indirectly held by CR Power, with significant shareholding ties to the company. The agreement is subject to certain reporting and review requirements under the Listing Rules but is exempt from circular and shareholder approval requirements.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.