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Why does Tuoxin Pharmaceutical want to acquire Xinxiang Pharmaceutical?
No acquisition. Xinxiang Tuoxin Pharmaceutical Co., Ltd. (hereinafter referred to as the company) is a research, development, production and sales company integrating chemical synthesis and biological fermentation of nucleoside (acid) drug intermediates. As a high-tech enterprise, Tuoxin Pharmaceutical mainly relies on its subsidiary Xinxiang Pharmaceutical Co., Ltd. to provide raw materials. Xinxiang Pharmaceutical Co., Ltd. is a subsidiary of Tuoxin Pharmaceutical Co., Ltd. and there is no acquisition behavior.