Concord Healthcare Group Announces Change in Controlling Shareholders' Membership

Reuters
Jun 25
Concord Healthcare Group Announces Change in Controlling Shareholders' Membership

Concord Healthcare Group Co. Ltd. has announced changes in its controlling shareholders. Shanghai Xinhe will no longer be a member of the controlling shareholders as Dr. Yang and entities controlled by him, including Morgancreek Investment Holdings Limited and others, remain interested in 34.85% of the company's total issued share capital. This change aims to optimize business decision-making within Shanghai Xinhe, with new independent partners taking over from Dr. Yang's controlled entities.

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