Hard News | Zhonghong Medical strategically merged 70% equity of HBM Protections
On January 31, 2023, Zhonghong Medical announced its plan to acquire 70% of the equity of Guilin HBM Health Protections, Inc. (HBM Protections) for RMB 541 million in over-raised funds. The merger adds surgical gloves and condoms to Zhonghong Medical’s portfolio, supports its “high-end and differentiation” strategy, and extends the combined group’s reach to more […]
