China National Development Share Co., Ltd.: Subsidiary Beijing Xiangya Terminates Cooperation Agreement with Suqian Imaging Center

MetaMuskRat · 2026-03-24T20:51:38+00:00

Guofa Co., Ltd. announced that its wholly-owned subsidiary Beijing Xiangya Medical Technology Co., Ltd. has terminated the cooperation agreement with Suqian Xinxing Rehabilitation Physical Examination Co., Ltd. regarding the Suqian Imaging Center. Due to market environment impacts, the project returns did not meet expectations. The estimated impact on profit and loss for 2025 is -3.73 million yuan.

MetaMuskRat

2026-03-24 20:51:38

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People’s Financial News, March 23 — Guofa Shares (600538) announced on March 23 that the company’s board of directors approved the proposal to terminate the cooperation agreement with Suqian Xinxing Rehabilitation Medical Examination Co., Ltd. The company’s wholly-owned subsidiary, Beijing Xiangya Medical Technology Co., Ltd. (“Beijing Xiangya”), will sign relevant agreements with Suqian Xinying Rehabilitation Medical Examination Co., Ltd. The termination of the Suqian Imaging Center cooperation was due to market conditions and other factors, as the project’s revenue did not meet expectations. This decision was made prudently based on the current market environment and the actual operation of the project. The termination of the cooperation agreement with Suqian Imaging Center is expected to impact the company’s 2025 profit and loss by approximately -3.73 million yuan.

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