Brief: Shanghai Pharmaceuticals' chairman resigns, unit plans JV with Japan's Tsumura

TSUMURA & CO.

06/05/2016 11:56

May 6 (Reuters) - Shanghai Pharmaceuticals Holding Co Ltd 
 601607.SS  
    * Says Chairman Lou Dingbo resigns due to personal reasons 
    * Says unit signs agreement to invest 306 million yuan  
($47.09 million) to set up JV with Japan's Tsumura & Co  
 
 
    Source text in Chinese: http://bit.ly/1TvtGxB; 
http://bit.ly/1rZFRgc 
    Further company coverage:  601607.SS  
 
($1 = 6.4980 Chinese yuan renminbi) 
 
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