Sinovac Biotech Ltd. Faces Shareholder Activism Amid Controversial Adjournment of Special Meeting
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Sinovac Biotech Ltd. has faced shareholder activism following the adjournment of a Special Meeting originally set for July 8, 2025, due to ongoing litigation in Antigua. An unauthorized continuation of the meeting was conducted by a group of lawyers, which the Board deemed deceptive and legally invalid. The current Board, led by Dr. Chiang Li, remains in control and emphasizes the importance of official communications for shareholders. The Board is focused on strategic priorities, including dividend distributions and potential future listings.
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