Fosun buys additional Tongjitang Chinese Medicines ADSs

By Jennifer Chiou

New York, Jan. 28 - Tongjitang Chinese Medicines Co. investor Fosun Industrial Co., Ltd. purchased 376,550 American Depositary Shares, representing 1,506,200 of the company's ordinary shares, from Jan. 7 to Jan. 26 at prices between $2.4999 and $2.6500 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

In a prior SEC filing, Fosun reported the purchase of 471,250 ADSs, representing 1,885,000 of the company's ordinary shares, on Dec. 31 for $2.7844 each.

Fosun now beneficially owns 4,459,078 ADSs, each representing four ordinary shares.

Tongjitang is specialty pharmaceutical company located in Shenzhen, China.

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