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Contec Medical Systems (300869.SZ): plans to convert the raised funds into an investment in Xinjia Medical.
On December 27, Gelonghui reported that Contec Medical Systems (300869.SZ) announced that the company will hold the 14th meeting of the 4th Board of Directors and the 10th meeting of the 4th Board of Supervisors on December 26, 2024, where it reviewed and approved the proposal to convert the fund-raising loan into an increase in capital for its wholly-owned subsidiary. It was agreed that the interest-free loan of 20 million yuan, which was raised by issuing convertible corporate bonds to unspecified objects and provided to its wholly-owned subsidiary Qinhuangdao Contec Xinjia Medical Technology Co., Ltd. (referred to as 'Xinjia Medical'), will be converted into capital increase for the wholly-owned subsidiary Xinjia Medical.
Contec Medical Systems (300869.SZ) has obtained a registration certificate for medical instruments.
Contec Medical Systems (300869.SZ) announced that the company recently obtained the "Medical..." issued by the Hebei Pharmaceutical Administration.
The Recent Pullback Must Have Dismayed Contec Medical Systems Co.,Ltd (SZSE:300869) Insiders Who Own 61% of the Company
Contec Medical Systems (300869.SZ): Shareholder Wang Guili reduced the shareholding of the company by more than 1%.
Gelonghui, November 14th | Contec Medical Systems (300869.SZ) announced that on October 22, 2024, the company disclosed the Pre-disclosure Announcement of Shareholders Holding More Than 5%, Some Directors, Supervisors, and Senior Management Personnel Reducing Their Shareholding (Announcement No.: 2024-058). The company recently received a "Notice Letter on the Reduction of Shareholding Proportion Exceeding 1%" issued by Ms. Wang Guili, a shareholder holding more than 5% of the shares. Ms. Wang Guili reduced 222,400 shares of the company's holdings by auction on November 13, 2024, accounting for 401,802,9 of the current total share capital of the company.
Contec Medical SystemsLtd (SZSE:300869) Has Debt But No Earnings; Should You Worry?
Contec Medical Systems Obtains Nod for Registration of Two Devices
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