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China Medical System (0867.HK) Has Accelerated Its Flywheel Of Innovation


Tuesday, 27 April 2021, 6:03 am
Starting Its Industrial Investment In Biotech Companies,
China Medical System (0867.HK) Has Accelerated Its Flywheel
Of Innovation
HONG KONG, Apr 26, 2021 - (ACN
Newswire) - China Medical System Holdings Limited (0867.HK) ( CMS or the Company )
has been active in the market this year. From the
acquisition of Luqa to enter the medical aesthetic market
early this year, the Company has attracted the attention of
the market. Recently, it has announced the series of
agreement signed with Trinomab Biotech Co., Ltd.
( Trinomab ). CMS will make equity investment in Trinomab,
and establish a joint venture (the Joint Venture ) with
Trinomab, contributed with cash and related products ....

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China Medical System (0867.HK) Accelerating Development and Stepping to New Heights, Driven by Innovation


China Medical System (0867.HK) Accelerating Development and Stepping to New Heights, Driven by Innovation
HONG KONG, Apr 05, 2021 - (ACN Newswire) - As the earnings season arrives, listed pharmaceutical companies are attracting much attention. China Medical System Holdings Limited (CMS, or Company) has released its annual results, with both revenue and profit higher than market expectations. According to its 2020 earnings results, turnover is up by 14.4% to RMB6.946 billion; net profit up by 30.7% to RMB2.556 billion; basic earnings per share up to RMB1.024, with a proposed final dividend of RMB0.20 per share.
In the past, influenced by expectations of the effects of China s centralized procurement policy and the Company s product transition, CMS s valuation in the capital market was once under pressure, but with the Company s strategic transformation from a CSO to an innovative pharmaceutical company, coupled with its own solid business growth, its share price has gained ....

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