Summary by Moomoo AI
YICHANG DONGSUN CHANGJIANG PHARMACEUTICAL CO., LTD. (“EAST SUNSHINE CHANGJIANG”) ANNOUNCED ON 8 MARCH 2024 THAT ITS CONTROLLING SHAREHOLDER GUANGDONG SUNSHINE PHARMACEUTICALS WILL TRANSFER ITS HOLDING OF APPROXIMATELY 25.71% SHARES TO HONG KONG DONGSUN AT A PRICE OF HK$9.14 PER SHARE FOR A TOTAL PRICE OF APPROXIMATELY HK$20.67 BILLION. This share transfer is part of the Group's restructuring and may involve a merger between Guangdong Sunlight Pharmaceutical and Dongguang Yangtze. The ultimate beneficial owners of Guangdong Sunlight Pharmaceutical, Ms. Kwok Meilan and Mr. Zhang Jianshuai jointly hold approximately 62.12% of the shareholding, and the shareholding ratio is unchanged before and after the offering. IN ADDITION, GUANGDONG SUNSHINE PHARMACEUTICAL IS CONSIDERING ACQUIRING THE MERGED DONGSUN CHANGJIANG BY EXCHANGE OF SHARES, AIMING TO CREATE AN INTEGRATED...Show More