Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Proposes Governance Amendments
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Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. (HK:1349) has proposed amendments to its Articles of Association, pending shareholder approval at an extraordinary general meeting. The key change involves dissolving the supervisory committee, transferring its responsibilities to the audit committee, indicating a strategic shift in corporate governance. This move aims to enhance operational oversight and regulatory compliance in the biopharmaceutical sector, where the company focuses on innovative drug development within the Chinese market. Current market cap stands at HK$1.09B with an average trading volume of 6,837,274 shares.
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