2011年06月14日
Alert: Sihuan (460.HK) is cash rich and sees no need to raisecapital in the near term
Dear Madam/Sir
Thank you for your continuous support to Sihuan Pharmaceutical (0460.HK).
In terms of the stock price fluctuation recently, the IR Office of Sihuan would like to state that:
Sihuan has a solid positive cash flow position and is not under any pressure to raise capital. As at 13 June 2011, Sihuan has about RMB4.6 billion in cash, providing us with ample strength to support our day-to-day business operation or any merger & acquisition activities should such opportunities arise;
Our business grew healthily in Q1, with revenue recording a double-digit growth year-on-year. We expected to maintain continuous growth this year, and achieve good results.
We do not have any financing plans in the near term. With our current strong capital foundation, we do not foresee any need to raise capital at least for the coming two years.
Alert: Sihuan (460.HK) is cash rich and sees no need to raisecapital in the near term
Dear Madam/Sir
Thank you for your continuous support to Sihuan Pharmaceutical (0460.HK).
In terms of the stock price fluctuation recently, the IR Office of Sihuan would like to state that:
Sihuan has a solid positive cash flow position and is not under any pressure to raise capital. As at 13 June 2011, Sihuan has about RMB4.6 billion in cash, providing us with ample strength to support our day-to-day business operation or any merger & acquisition activities should such opportunities arise;
Our business grew healthily in Q1, with revenue recording a double-digit growth year-on-year. We expected to maintain continuous growth this year, and achieve good results.
We do not have any financing plans in the near term. With our current strong capital foundation, we do not foresee any need to raise capital at least for the coming two years.