Suzhou Basecare prepares to take retail ordersBusiness | 26 Jan 2021 6:56 pm
The genetic testing solutions platform Suzhou Basecare Medical Corporation will open its retail book on Wednesday.
Dai Jing, chief financial officer of the pre-profit company said the financical situation would improve as changes in the carrying amount of financial instruments issued to investors will be lowered in July.
The company has given a special right to institutional investors, which caused an expanding loss of the changes in the carrying amount of financial instruments and will be given up in July. The net loss is mainly attributed to the carrying amount of financial instruments.