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An update from Shandong Boan Biotechnology Company., Limited. Class H ( (HK:6955) ) is now available.
Shandong Boan Biotechnology announced that its controlling shareholder, Luye Pharma Group, plans a further on-market transfer of 38,500,000 H shares from its wholly owned subsidiary Shandong Luye Pharmaceutical Co., Ltd. to the issuer on 22 January 2026, as part of a previously disclosed transfer arrangement linked to exchangeable preference shares. The board stated it does not expect the transaction to have any material adverse effect on the group’s business operations, suggesting that while the move may adjust the shareholder structure and capital arrangements, it is not anticipated to disrupt day-to-day operations or strategic direction for existing stakeholders.
More about Shandong Boan Biotechnology Company., Limited. Class H
Shandong Boan Biotechnology Co., Ltd. is a PRC-incorporated biopharmaceutical company listed in Hong Kong, focusing on the development and commercialization of innovative biologic drugs and related therapies, with its H shares traded under stock code 6955. The company operates as part of a broader healthcare and pharmaceutical ecosystem that includes its controlling shareholder, Luye Pharma Group Ltd., indicating strategic ties within the pharmaceutical and biotech industry.
Average Trading Volume: 5,412,371
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.63B
Learn more about 6955 stock on TipRanks’ Stock Analysis page.