Sihuan Pharmaceutical Announces Spin-Off and Separate Listing of Xuanzhu Biopharm on Hong Kong Stock Exchange
Reuters
Sep 04
Sihuan Pharmaceutical Announces Spin-Off and Separate Listing of Xuanzhu Biopharm on Hong Kong Stock Exchange
Sihuan Pharmaceutical Holdings Group Ltd. has announced the spin-off and separate listing of Xuanzhu Biopharmaceutical Co., Ltd. on the Main Board of the Stock Exchange of Hong Kong Limited. The listing involves SpinCo H Shares, which are overseas listed foreign shares in the ordinary share capital of Xuanzhu Biopharm, with a nominal value of RMB1.00 each. These shares are to be subscribed for and traded in Hong Kong dollars. The Record Date for determining Qualifying Shareholders' assured entitlement to the SpinCo Shares in the Global Offering is set for September 18, 2025.
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