Shareholders to Vote on Change in Use of IPO Proceeds at Next Shanghai Fudan-Zhangjiang Bio-Pharmaceutical EGM

Reuters10-31
Shareholders to Vote on Change in Use of IPO Proceeds at Next <a href="https://laohu8.com/S/688505">Shanghai Fudan-Zhangjiang Bio-</a>Pharmaceutical EGM

Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. will hold an extraordinary general meeting on a future date to vote on a proposal to change the use of proceeds from its A share initial public offering. The proposal seeks shareholder approval to reallocate unused funds from the original project to a new project, with an adjusted utilisation timeline extending to 31 December 2027. The board recommends voting in favor of the proposal.

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