{"id":25823,"date":"2025-02-07T21:03:33","date_gmt":"2025-02-07T13:03:33","guid":{"rendered":"https:\/\/flcube.com\/?p=25823"},"modified":"2025-02-07T21:03:35","modified_gmt":"2025-02-07T13:03:35","slug":"cr-sanjiu-gains-sasac-approval-for-tasly-pharma-acquisition","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=25823","title":{"rendered":"CR Sanjiu Gains SASAC Approval for Tasly Pharma Acquisition"},"content":{"rendered":"\n<p>China-based CR Sanjiu (<a href=\"https:\/\/www.google.com\/finance\/quote\/000999:SHE\">SHE: 000999<\/a>), a state-owned pharmaceutical company, has received approval from the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) to acquire an aggregate of 418,306,002 shares of compatriot firm Tasly Pharma Co., Ltd (<a href=\"https:\/\/www.google.com\/finance\/quote\/600535:SHA\">SHA: 600535<\/a>). According to the deal struck in August of last year, the purchase amounts to RMB 6.21 billion (USD 870 million) for a 28% interest in Tasly Pharma.<\/p>\n\n\n\n<p><strong>Deal Background<\/strong><br>The acquisition is part of CR Sanjiu&#8217;s strategic expansion plans, aiming to enhance its presence in the pharmaceutical market through the integration of Tasly Pharma&#8217;s assets. The deal underscores CR Sanjiu&#8217;s commitment to leveraging synergies and expanding its portfolio to better serve the healthcare needs of the region.<\/p>\n\n\n\n<p><strong>Future Outlook<\/strong><br>With SASAC&#8217;s approval, CR Sanjiu is poised to proceed with the acquisition, which is expected to strengthen its market position and drive further growth. The integration of Tasly Pharma&#8217;s capabilities will provide CR Sanjiu with additional resources and opportunities to innovate and expand its product offerings.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China-based CR Sanjiu (SHE: 000999), a state-owned pharmaceutical company, has received approval from the State-owned&#8230;<\/p>\n","protected":false},"author":1,"featured_media":25824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[3446,20,1211,1210,433],"class_list":["post-25823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-deals","tag-china-resources-sanjiu-medical-pharmaceutical","tag-finance","tag-sha-600535","tag-she-000999","tag-tasly-pharmaceuticals"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CR Sanjiu Gains SASAC Approval for Tasly Pharma Acquisition - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"China-based CR Sanjiu (SHE: 000999), a state-owned pharmaceutical company, has received approval from the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) to acquire an aggregate of 418,306,002 shares of compatriot firm Tasly Pharma Co., Ltd (SHA: 600535). According to the deal struck in August of last year, the purchase amounts to RMB 6.21 billion (USD 870 million) for a 28% interest in Tasly Pharma.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=25823\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CR Sanjiu Gains SASAC Approval for Tasly Pharma Acquisition\" \/>\n<meta property=\"og:description\" content=\"China-based CR Sanjiu (SHE: 000999), a state-owned pharmaceutical company, has received approval from the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) to acquire an aggregate of 418,306,002 shares of compatriot firm Tasly Pharma Co., Ltd (SHA: 600535). According to the deal struck in August of last year, the purchase amounts to RMB 6.21 billion (USD 870 million) for a 28% interest in Tasly Pharma.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flcube.com\/?p=25823\" \/>\n<meta property=\"og:site_name\" content=\"Insight, China&#039;s Pharmaceutical Industry\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61566606313834\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-07T13:03:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-07T13:03:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flcube.com\/wp-content\/uploads\/2025\/02\/0711-png.avif\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"607\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Fineline Cube\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. 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