Hard News | Zhonghong Medical strategically merged 70% equity of HBM Protections
Article source: Zhonghong Medical On January 31, Zhonghong Medical issued an announcement stating that the company plans to use part of the over-raised funds of 541 million RMB to acquire 70% of the equity of Guilin HBM Protections Protections Co., Ltd. The acquisition of Zhonghong Medical is not accidental, but has been considered for a long time. On April 27, 2022, Zhonghong Medical disclosed its first annual report after the first anniversary of its listing. In 2021, the company achieved revenue of 4.909 billion RMB, a year-on-year increase of 2.7%; the