Luye Pharma Completes Transfer of 25% Stake in Nanjing Luye to NJ Xinshi

Reuters
2026.01.26 23:00
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Luye Pharma Group Ltd. has finalized the transfer of a 25% equity stake in its subsidiary, Nanjing Luye, to NJ Xinshi. As of January 19, 2026, Nanjing Luye is now 75% owned by Luye Pharma and 25% by NJ Xinshi. This partnership agreement ensures that Luye Pharma retains control over Nanjing Luye's governance and strategic objectives.