Brief: Gushengtang Says Unit Entered Non-Legally Binding Cooperation Framework Deal With Pan'an Government, Zhejiang Financial, Zhejiang Tcm Group, Among Others

GUSHENGTANG HOLDINGS

11/11/2022 14:40

Nov 11 (Reuters) - Gushengtang Holdings Ltd  2273.HK :
    * UNIT ENTERED NON-LEGALLY BINDING COOPERATION FRAMEWORK
DEAL WITH
PAN'AN GOVERNMENT, ZHEJIANG FINANCIAL, ZHEJIANG TCM GROUP, AMONG
OTHERS
    * PARTIES INTEND TO JOINTLY PROMOTE ESTABLISHMENT OF
ZHEJIANG
PROVINCIAL COMMON WEALTH TCM INDUSTRY INVESTMENT FUND WITH SIZE
OF RMB1 BILLION
    * ESTABLISHMENT OF FUND FOR PURPOSE OF INVESTING IN
TRADITIONAL
CHINESE MEDICINE AND HEALTH INDUSTRY, AMONG OTHERS

Source text for Eikon:  ID:nHKS1DXt8V 
Further company coverage:  2273.HK 
 ((Reuters.Briefs@thomsonreuters.com;))