Shandong Boan Biotechnology Transfers 38.5 Million H Shares to New Investor

Reuters
2026.01.21 14:06
portai
I'm PortAI, I can summarize articles.

Shandong Boan Biotechnology Co. Ltd. announced that its controlling shareholder, Luye Pharma Group Ltd., will transfer 38.5 million H Shares to the Issuer on January 22, 2026. This transfer is part of a subscription agreement related to Exchangeable Preference Shares. The board expects no material adverse effect on the company's operations from this transaction.