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Jointown Pharmaceutical Group Co Ltd (600998.SS)

600998.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Jointown Pharmaceutical Group plans medical JV with partner
Monday, 4 Dec 2017 

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 

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 

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 

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 

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
Thursday, 19 Oct 2017 

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 issues 1 bln yuan financing bills
Thursday, 25 Aug 2016 

Jointown Pharmaceutical Group Co., Ltd<600998.SS>: Says it issues the first tranche of short-term financing bills for 2016 worth 1 billion yuan .Says the bills are each with price and par value of 100 yuan, and an interest rate of 2.89 percent.  Full Article

Jointown Pharmaceutical Group issues 500 mln yuan worth of commercial paper
Tuesday, 23 Aug 2016 

Jointown Pharmaceutical Group Co., Ltd.<600998.SS>: Says it issues fourth tranche of 2016 super short-term financing bills worth 500 million yuan . Says the bills with a term of 30 days and an interest rate of 2.64 percent .Says the maturity date of Sep. 18.  Full Article

Jointown Pharmaceutical Group unit plans to set up JV
Wednesday, 10 Aug 2016 

Jointown Pharmaceutical Group <600998.SS> Co., Ltd.: Says it wholly owned unit to invest 18 million yuan to set up JV in Jiangsu, with Jiangsu Yuyue Medical Equipment and Supply <002223.SZ> Co., Ltd. . Says the JV will undertake wisdom logistics cooperation project, with registered capital of 30 million yuan .Says the unit and Jiangsu Yuyue Medical Equipment and Supply will hold 60 percent and 40 percent stake in the JV respectively.  Full Article

Jointown Pharmaceutical Group to pay 2015 div on June 27
Tuesday, 21 Jun 2016 

Jointown Pharmaceutical Group <600998.SS> Co., Ltd.: Says it will pay cash dividend of 1.3 yuan per 10 shares (before tax) to shareholders for 2015 as a record of June 24 .Says the company's shares will be traded ex-right and ex-dividend on June 27 and the dividend will be paid on June 27.  Full Article

BRIEF-Jointown Pharmaceutical Group plans medical JV with partner

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