Kaisa said its unit, Shenzhen Shipping Health Technology Co Ltd, would buy the 18.57 percent stake from Zhenxing Group Co Ltd and it would be funded through internal resources. Zhenxing Biopharmaceutical & Chemical , a unit of Zhenxing Biopharmaceutical & Chemical , is to buy a 18.57 percent stake worth CNY2.19bn ( 6.6044 Chinese yuan ) in blood products producer Shenzhen Shipping Health , as it looks to expand in other sectors along with its presence in the health care industry.
Zhenxing Biopharmaceutical & Chemical , a unit of Zhenxing Biopharmaceutical & Chemical , is to buy a 18.57 percent stake worth CNY2.19bn ( 6.6044 Chinese yuan ) in blood products producer Shenzhen Shipping Health , as it looks to expand in other sectors along with its presence in the health care industry.