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Aesthetic Medical International Holdings Group Ltd. American Depositary Shares - AIH STOCK NEWS

Welcome to our dedicated page for Aesthetic Medical International Holdings Group Ltd. American Depositary Shares news (Ticker: AIH), a resource for investors and traders seeking the latest updates and insights on Aesthetic Medical International Holdings Group Ltd. American Depositary Shares stock.

Aesthetic Medical International Holdings Group Ltd. (AIH) provides investors and industry observers with comprehensive access to official company communications and market developments. This resource aggregates all material announcements including financial disclosures, operational updates, and strategic initiatives within the medical aesthetics sector.

Key features include earnings reports detailing clinical expansion progress, partnership announcements with healthcare providers, and regulatory updates affecting treatment technologies. The curated collection enables stakeholders to track AIH's implementation of innovative aesthetic solutions while maintaining compliance with medical standards.

Users benefit from centralized access to press releases on new treatment protocols, facility expansions, and leadership updates. Content is organized chronologically to facilitate analysis of the company's growth trajectory in the competitive medical aesthetics market.

Bookmark this page for efficient monitoring of AIH's developments in clinical aesthetic treatments and corporate governance. Regular updates ensure timely awareness of material events influencing the company's position as a provider of integrated medical-beauty solutions.

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Aesthetic Medical International Holdings Group (OTCQX: PAIYY), a leading provider of aesthetic medical services in China, has commenced trading its American Depositary Shares (ADSs) on the OTCQX Best Market. Transitioning from the OTC Pink market to the OTCQX platform, the Company aims to leverage the premier market's high financial standards, best practice corporate governance, and compliance with U.S. securities laws to enhance transparency and investor confidence. Chairman ZHANG Chen highlighted that this move is expected to expand AIH's investor base and streamline the investment process, aligning with their goal to deliver continued growth and value to shareholders.

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Aesthetic Medical International Holdings Group (Nasdaq: AIH) announced that it has received a delisting notice from the Nasdaq Hearings Panel dated May 17, 2024. The company's securities will be suspended from trading on May 21, 2024, and delisted after Nasdaq files a Form 25 with the SEC. AIH does not plan to appeal this decision. Post-delisting, AIH's American Depositary Shares are expected to be quoted on the OTC market, but there are no guarantees that brokers will continue to trade the ADSs. The company asserts that the delisting will not impact its operations in China's aesthetic medical industry and aims to enhance operational efficiency and performance growth.

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Aesthetic Medical International Holdings Group (Nasdaq: AIH) receives conditional continued listing approval from Nasdaq Hearings Panel after not regaining compliance with the Minimum Bid Price Rule. The company must conduct a 10-for-1 reverse stock split by May 15, 2024, and demonstrate compliance with the rule by September 3, 2024.
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Aesthetic Medical International Holdings Group (AIH) is set to unveil its FY2023 annual report on April 25, 2024, after the U.S. market closes. The company, a prominent player in the aesthetic medical services sector in China, aims to provide stakeholders with a comprehensive overview of its financial performance for the fiscal year.
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Aesthetic Medical International Holdings Group Limited (AIH) announced its request for a hearing before the Nasdaq Hearings Panel to seek an extension for compliance with the minimum bid price requirement. The company had not regained compliance within the initial 180-day grace period and faces delisting unless a hearing is requested by March 13, 2024.
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Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) announced the appointment of Onestop Assurance PAC as their independent registered public accounting firm, the resignation of Mr. JIM Wai Hang, and the appointment of Ms. XU Tianqing as an independent director and a member of the audit committee of the Board.
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Aesthetic Medical International Holdings Group Limited (AIH) received a notification letter from Nasdaq stating it is not in compliance with the minimum bid price requirement. AIH has been given until March 4, 2024, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. Failure to do so may result in delisting. AIH plans to monitor its bid price and implement measures to improve its financial position and trading price.
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Aesthetic Medical International Holdings Group announced unaudited financial results for H1 2023. Total revenue decreased by 5.7% to RMB319.3 million. Gross profit decreased by 19.6% to RMB151.8 million. EBITDA decreased by 50.1% to RMB22.4 million. Adjusted EBITDA decreased by 54.0% to RMB26.7 million. New customers increased by 46.7% while repeat customers decreased by 19.5%. Number of treatment cases decreased by 11.1%. Average spending per customer increased by 6.0%. Loss for the period was RMB11.4 million. Cash and cash equivalents increased to RMB87.9 million. No concrete positive or negative business takes affecting stock price were identified.
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Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) has closed its previously announced transactions, including a share transfer, issue of conversion shares, and issue of warrants. The shareholding percentage of AIH held by Seefar, Wanda, and ADV would be approximately 4.8%, 14.9%, and 19.4% respectively. Resignations and appointments of directors have also been announced.
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Aesthetic Medical International Holdings Group Ltd. American Depositary Shares

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