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Jointown Pharmaceutical Group Co Ltd (600998.SS)

600998.SS on Shanghai Stock Exchange

19.07CNY
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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

Jilin Zixin Pharma's unit to sell ginseng products to Jointown Pharma's unit
Wednesday, 8 Nov 2017 02:55am EST 

Nov 8 (Reuters) - Jilin Zixin Pharmaceutical Industrial Co Ltd <002118.SZ>:Says unit signs agreement to sell ginseng products to Jointown Pharmaceutical's <<<600998.SS>>> unit for 195.0 million yuan ($29.39 million).  Full Article

Jointown Pharmaceutical Group issues 2017 sixth tranche super short-term financing notes worth 1.4 bln yuan
Wednesday, 8 Nov 2017 12:54am EST 

Nov 8(Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says it issued 2017 sixth tranche super short-term financing notes worth 1.4 billion yuan, with term of 30 days and interest rate of 4.7 percent.  Full Article

Jointown Pharmaceutical Group issues 2017 fifth tranche super short-term financing notes worth 800 mln yuan
Wednesday, 18 Oct 2017 11:23pm EDT 

Oct 19(Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says it issued 2017 fifth tranche super short-term financing notes worth 800 million yuan, with term of 31 days .Says interest rate of 4.56 percent and maturity date of Nov. 17.  Full Article

Jointown Pharmaceutical Group's H1 net profit up 155.7 pct y/y
Tuesday, 29 Aug 2017 06:53am EDT 

Aug 29 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says H1 net profit up 155.7 percent y/y at 793.0 million yuan ($120.28 million).  Full Article

Jointown Pharmaceutical Group issues 2017 first tranche short-term financing notes worth 1 bln yuan
Thursday, 17 Aug 2017 02:31am EDT 

Aug 17 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:* Says it issued 2017 first tranche short-term financing notes worth 1 billion yuan with coupon rate of 4.7 percent .  Full Article

Jointown Pharmaceutical Group issues 2017 fourth tranche super short-term financing notes worth 800 mln yuan
Thursday, 17 Aug 2017 02:27am EDT 

Aug 17 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:* Says it issued 2017 fourth tranche super short-term financing notes worth 800 million yuan with a term of 137 days and coupon rate of 4.58 percent .* Says China Citic Bank served as the main underwriter .  Full Article

Jointown Pharmaceutical Group issues mid-term notes worth 900 mln yuan
Monday, 17 Jul 2017 01:43am EDT 

July 17(Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says it issued 2017 second mid-term notes worth 900 million yuan with term of 3 + N years and interest rate of 6 percent.  Full Article

BRIEF-Jointown Pharmaceutical Group plans medical JV with partner

* Says it enters into strategic cooperation agreement with Shandong Buchang Pharmaceuticals Co Ltd