Replies to post #8345 on YaSheng Group (HERB)

[RealDutch]

We finally found the biotech "division".

Ming Mao (CFO of Jove Therapeutics) is also a Vice President with Yasheng Group since the last update.

Hard to say how "big" this is. Promab has between 50-200 employees. It's not "small" IMO.

From the profile page :

[RealDutch]

Well, well. It seems that ProMab has a parent company in China with a listing in Shenzhen.

NanHua Bio-medicine Co Ltd

https://www.google.com/search?sa=X&q=SHE:+000504&stick=H4sIAAAAAAAAAONgecRoyi3w8sc9YSmdSWtOXmNU4-IKzsgvd80rySypFJLgYoOy-KR4uLj0c_UNkrMLTLOKeRaxcgd7uFopGBgYmBqYAACru1qMSAAAAA&ved=2ahUKEwjU_7v-jN75AhVEiP0HHUNdAycQsRV6BAhKEAM&biw=1600&bih=757&dpr=1

https://www.reuters.com/article/brief-nanhua-bio-medicine-buys-54-pct-st-idUKL4N1Q42AS

Pretty sure it is the same company (ProMab)
http://www.promab.cn/

Can you see how much they paid for it?

[RealDutch]

It even says so here at the bottom.
https://pitchbook.com/profiles/company/226533-16#overview

Parent Company
NanHua Bio-medicine Com....

Not their best press release today.