
FENGYUAN PHARMACEUTICAL: The transfer of part of the company's shares by the controlling shareholder and its concerted parties has been completed
FENGYUAN PHARMACEUTICAL announced that the company's controlling shareholder, FENGYUAN Group, and its concerted party, Ma'anshan FENGYUAN, have agreed to transfer 23,698,600 shares of the company to Hainan Guihe Dayi Investment Partnership, accounting for 5.1% of the company's total share capital, at a transfer price of 6.72 yuan per share, with a total price of 159 million yuan. After the completion of this share transfer, FENGYUAN Group and its concerted parties will hold a total of 109 million shares in the company, down from 133 million shares, accounting for 23.51% of the company's total share capital. Guihe Dayi has become the company's third-largest shareholder and has committed not to reduce its holdings within eighteen months

