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Jointown Pharmaceutical Group Co Ltd (600998.SS)

600998.SS on Shanghai Stock Exchange

19.01CNY
23 May 2018
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Latest Key Developments (Source: Significant Developments)

Jointown Pharmaceutical Invested 360 Million Yuan In Chongqing Taiji Industry
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>::SAYS IT HAS INVESTED 360 MILLION YUAN ($56.23 million) IN CHONGQING TAIJI INDUSTRY GROUP <<<600129.SS>>> FOR 23.44 MILLION SHARES.  Full Article

Jointown Pharmaceutical Group issues 2018 second tranche super short-term financing notes worth 1.5 bln yuan
Friday, 19 Jan 2018 

Jan 19(Reuters) - Jointown Pharmaceutical Group Co Ltd <600998.SS>:Says it issues 2018 second tranche super short-term financing notes worth 1.5 billion yuan to replenish working capital and repay loans, with term of 149 days and interest rate of 5.4 percent .  Full Article

Jointown Pharmaceutical To Boost Unit's Registered Capital To 1 Billion Yuan
Sunday, 14 Jan 2018 

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
Thursday, 11 Jan 2018 

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 

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 

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

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)