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Shandong Jintai Group Co Ltd Announces Transfer of Stake in Jinan-based Company by Beijing-based Company and Individual

Friday, 13 Sep 2013 08:00pm EDT 

Shandong Jintai Group Co Ltd announced that a Beijing-based investment management company will transfer an 80% stake and Mr. He Tao will transfer a 20% stake respectively in a Jinan-based chemical drug company to the Company for free. The target company is engaged in production and sale of bulk drugs and pharmaceutical intermediates, with a registered capital of RMB 1,093,500.