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Jiang Zhong Pharmaceutical Co Ltd (600750.SS)

600750.SS on Shanghai Stock Exchange

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Wed, Mar 7 2018

BRIEF- Jiang Zhong Pharmaceutical to set up alcohol product sales unit and to dissolve unit

* Says it plans to set up a wholly owned alcohol product sales unit in Jiangxi, with registered capital of up to 20 million yuan, and it plans to dissolve a wholly owned unit

BRIEF-Jiang Zhong Pharmaceutical's Prelim 2017 Net Profit Up 10 Percent Y/Y

* SAYS PRELIM 2017 NET PROFIT UP 10 PERCENT Y/Y AT 418.0 MILLION YUAN ($65.38 million) Source text in Chinese: http://bit.ly/2Dp1GQ5 Further company coverage: ($1 = 6.3931 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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