Edition:
United States

Jointown Pharmaceutical Group Co Ltd (600998.SS)

600998.SS on Shanghai Stock Exchange

16.97CNY
2:59am EDT
Change (% chg)

¥-0.06 (-0.35%)
Prev Close
¥17.03
Open
¥17.10
Day's High
¥17.23
Day's Low
¥16.91
Volume
1,102,234
Avg. Vol
4,374,820
52-wk High
¥22.33
52-wk Low
¥15.98

Latest Key Developments (Source: Significant Developments)

Jointown Pharmaceutical Group signs cooperation agreement on medical device marketing headquarters project
Tuesday, 29 May 2018 06:00am EDT 

May 29 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says it signed cooperation agreement with government of Haikou city, on medical device marketing headquarters project .  Full Article

Jointown Pharmaceutical Says Its 2017 Net Profit Up 64.87 Percent Y/Y
Wednesday, 25 Apr 2018 09:42am EDT 

April 25 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>::SAYS ITS 2017 NET PROFIT UP 64.87 PERCENT Y/Y.  Full Article

Jointown Pharmaceutical Group issues 2018 first tranche short-term financing notes worth 500 mln yuan
Thursday, 1 Mar 2018 08:39pm EST 

March 2(Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says it issues 2018 first tranche short-term financing notes worth 500 million yuan to replenish working capital and repay loans, with coupon rate of 5.3 percent and maturity date of Feb. 28, 2019.  Full Article

Jointown Pharmaceutical Group Expects 2017 Net Profit To Rise 60-70 Pct Y/Y
Monday, 29 Jan 2018 06:09am EST 

Jan 29 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>::SAYS IT EXPECTS 2017 NET PROFIT TO RISE 60-70 PERCENT Y/Y FROM 876.7 MILLION YUAN ($138.58 million) YEAR AGO.  Full Article

Jointown Pharmaceutical To Boost Unit's Registered Capital To 1 Billion Yuan
Sunday, 14 Jan 2018 06:26am EST 

Jan 14 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>::SAYS IT GETS SECURITIES REGULATOR'S APPROVAL TO ISSUE UP TO 1.2 BILLION YUAN ($185.74 million) WORTH OF BONDS.SAYS IT PLANS TO BOOST UNIT'S REGISTERED CAPITAL BY 900 MILLION YUAN TO 1 BILLION YUAN.  Full Article

Jointown Pharmaceutical Group issues 2018 first tranche super short-term financing notes worth 1 bln yuan
Wednesday, 10 Jan 2018 10:27pm EST 

Jan 11(Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says it issued 2018 first tranche super short-term financing notes worth 1 billion yuan, with term of 108 days and interest rate of 5.29 percent .Says notes will be used to replenish working capital and to repay loans .  Full Article

Jointown Pharmaceutical Group says corporation with Taikang Community
Tuesday, 9 Jan 2018 12:59am EST 

Jan 9 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS> ::Says it enters into strategic cooperation framework agreement with Taikang Community, planing collaboration in area of medical equipment supply chain .  Full Article

Jointown Pharmaceutical Group plans medical JV with partner
Monday, 4 Dec 2017 04:23am EST 

Dec 4 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS> ::Says it enters into strategic cooperation agreement with Shandong Buchang Pharmaceuticals Co Ltd <<<603858.SS>>>.Two entities will jointly inject capital in Hubei-based medical firm, owning 49 percent stake (the company) and 51 percent stake (Shandong Buchang Pharmaceuticals) in it respectively .  Full Article

Jointown Pharmaceutical Group raises 3.6 bln yuan via private placement
Wednesday, 29 Nov 2017 04:49am EST 

Nov 29(Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says co issues 183.2 million new shares and raises 3.6 billion yuan via private placement.Says co's top shareholder, a Shanghai-based firm's stock in the co is diluted to 23.1 percent from 25.5 percent .Says an investment firm raises stake in the co to 14.6 percent from 10.2 percent.Says co plans to lower conversion price of convertible corporate bonds to 18.52 yuan from 18.65 yuan, effective Nov. 30.  Full Article

Jointown Pharmaceutical board elects chairman, appoints general manager
Tuesday, 21 Nov 2017 06:52am EST 

Nov 21 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says board elects Liu Baolin as chairman, appoints Gong Yihua as general manager.  Full Article

BRIEF-Jointown Pharmaceutical Says Its 2017 Net Profit Up 64.87 Percent Y/Y

* SAYS ITS 2017 NET PROFIT UP 64.87 PERCENT Y/Y Source text in Chinese: https://bit.ly/2qZt52e Further company coverage: (Reporting by Hong Kong newsroom)