Brief: China Shineway Pharmaceutical says units received air pollution prevention scheduling order

China Shineway Pharmaceutical

22/11/2016 08:52

Nov 22 (Reuters) - China Shineway Pharmaceutical Group Ltd 
 2877.HK : 
    * units in shijiazhuang city, hebei province received 
(shijiazhuang city air pollution prevention scheduling order) 
    * Order requires all pharmaceutical enterprises in 
shijiazhuang city to suspend production 
    * Sales of group's products can be fulfilled in short term 
out of its inventories 
    * "no material adverse effect is expected on group's 
business situations in near future" 
    * order states that shijiazhuang municipal government 
decided to implement strict regulatory measures on industrial 
enterprises in shijiazhuang 
    * "order requires all pharmaceutical enterprises in 
shijiazhuang city to not resume production unless approved by 
shijiazhuang municipal government" 
 
Source text for Eikon:  ID:nHKScFz7J  
Further company coverage:  2877.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))