According to the latest data from the Hong Kong Stock Exchange, on January 26, a shareholder of BOAN BIOTECH (06955) transferred shares from China Securities Depository and Clearing Hong Kong to CITIC SEC Brokerage Hong Kong. The transferred portfolio was valued at HK$346 million, representing a 6.32% stake.
BOAN BIOTECH announced that the company's board of directors has been notified by its controlling shareholder, Luye Pharma Group, that, pursuant to the terms of the subscription agreement related to exchangeable preferred shares, it plans to arrange for its wholly-owned subsidiary, Shandong Luye Pharmaceutical Co., Ltd., to complete a proposed transfer of an additional 11.9866 million H shares to the issuer on the market by January 27, 2026.
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