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Shandong Boan Biotech Announces Corporate Restructure

Shandong Boan Biotech Announces Corporate Restructure

Shandong Boan Biotechnology Company., Limited. Class H (HK:6955) has released an update.

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Shandong Boan Biotechnology Co., Ltd. has announced proposed amendments to its Articles of Association following the completion of a new share placement, reflecting updated share and capital structures. The company successfully placed 26,655,600 new H shares, increasing the total number of ordinary shares to 535,933,694. These amendments align with the new share capital structure and are set to be enacted without requiring further shareholder approval.

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