CTI Cathay International Holdings Ld

TIDMCTI

RNS Number : 3686X

Cathay International Holdings Ld

27 August 2020

Cathay International Holdings Limited

( " Cathay " or the "Company " )

Lansen reports interim results for the six months ended 30 June 2020

Hong Kong, 27 August 2020 - Cathay International Holdings L imi t e d (LSE: CTI.L) , an operator and investor in the growing healthcare sector in the People ' s Republic of China, today notes that Lansen Pharmaceutical Holdings Ltd ("Lansen") (HKEX: 503), the Company's 52.83% owned subsidiary, has reported its interim results for the six months ended 30 June 2020 in accordance with the requirements of its Hong Kong listing.

The full text of the Lansen Announcement can be found at https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0827/2020082701536.pdf and will also be made available at Announcements & Notices section of Lansen's homepage at http://holding.lansen.com.cn//en/newslist.aspx?NodeCode=10002000700050005 .

As previously announced, Cathay will issue its Interim Results for the six months ended 30 June 2020 on Friday 28 August 2020.

-Ends-

For further enquiries, please contact:

 
 Cathay International Holdings Limited 
  Eric Siu (Finance Director)                  Tel: +852 2828 9289 
  Patrick Sung (Director and Controller) 
 SPARK Advisory Partners Limited (sponsor) 
  Andrew Emmott / James Keeshan                Tel: +44 (0) 20 3368 3555 
 

About Cathay

Cathay International Holdings Limited (LSE: CTI.L) is a main market listed investment holding company and an operator and investor in the healthcare sector in the People's Republic of China (the "PRC"). The Company and its subsidiaries (collectively the "Group") aim to leverage on investment opportunities in the growing domestic demand for high quality healthcare products in the PRC and build portfolio companies into market sector leaders with competitive edge. Cathay has already demonstrated a track record of identifying investment opportunities in this area including: Lansen, a leading specialty pharmaceutical company focused on rheumatology and dermatology in the PRC; Haizi, a company engaged in the manufacture, marketing and sale of inositol and its by-product, di-calcium phosphate; Natural Dailyhealth, a company engaged in production and sales of plant extracts for use as key active ingredients in healthcare products; and Botai, a company engaged in collagen products.

The Group employs approximately 1,300 people across the PRC, including over 20 specialist corporate and business development staff based at the holding company's offices in Hong Kong and Shenzhen. Cathay also has a hotel investment. For more information please visit the Company's website: www.cathay-intl.com.hk.

About Lansen

Lansen, whose shares are listed on the main board of the Hong Kong Stock Exchange, is a 52.83% owned subsidiary of Cathay. Lansen is engaged in the manufacture, distribution and development of specialty prescription drugs for treatment of autoimmune disorder in rheumatology and dermatology. Lansen has established an extensive distribution network, covering more than 1,500 hospitals in four municipalities, 22 provinces and cities in the PRC. For more information please visit the Lansen's website: www.lansen.com.cn/en/index.aspx.

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August 27, 2020 09:33 ET (13:33 GMT)

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