Yues International Holdings Group Ltd. Allocates Resources to Expand TCM Business and Optimize Use of Placing Proceeds

Reuters

Jul 25

Yues International Holdings Group Ltd. Allocates Resources to Expand TCM Business and Optimize Use of Placing Proceeds

Yues International Holdings Group Ltd. has announced a strategic decision to reallocate resources to bolster its Traditional Chinese Medicine (TCM) business. This move is intended to capture synergies, enhance the company's value chain, and generate long-term value for shareholders. The company has decided to modify the use of proceeds from a recent share placing, with approximately HK$30.0 million remaining unutilized. These funds were initially earmarked for the development of the Intelligent Logistics Services Business but will now support the expansion of the TCM sector. The board believes this change is in the best interest of the company and its shareholders, ensuring no adverse effects on existing operations. Yues International remains focused on maximizing the potential of its TCM business as part of its growth strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yues International Holdings Group Ltd. published the original content used to generate this news brief on July 25, 2025, and is solely responsible for the information contained therein.

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.

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Allocates Resources to Expand TCM Business and Optimize Use of Placing Proceeds","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Yues International Holdings Group Ltd. Allocates Resources to Expand TCM Business and Optimize Use of Placing Proceeds\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Yues International Holdings Group Ltd. has announced a strategic decision to reallocate resources to bolster its Traditional Chinese Medicine (TCM) business. This move is intended to capture synergies, enhance the company's value chain, and generate long-term value for shareholders. The company has decided to modify the use of proceeds from a recent share placing, with approximately HK$30.0 million remaining unutilized. 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Allocates Resources to Expand TCM Business and Optimize Use of Placing Proceeds\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-25 17:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Yues International Holdings Group Ltd. Allocates Resources to Expand TCM Business and Optimize Use of Placing Proceeds\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Yues International Holdings Group Ltd. has announced a strategic decision to reallocate resources to bolster its Traditional Chinese Medicine (TCM) business. This move is intended to capture synergies, enhance the company's value chain, and generate long-term value for shareholders. The company has decided to modify the use of proceeds from a recent share placing, with approximately HK$30.0 million remaining unutilized. These funds were initially earmarked for the development of the Intelligent Logistics Services Business but will now support the expansion of the TCM sector. The board believes this change is in the best interest of the company and its shareholders, ensuring no adverse effects on existing operations. 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