Summary by Moomoo AI
YICHANG EAST SUNSHINE CHANGJIANG PHARMACEUTICAL CO., LTD. (“EAST SUNSHINE CHANGJIANG PHARMACEUTICALS”) ISSUED A PROFIT FORECAST ON MARCH 12, 2024. IT IS EXPECTED THAT PRE-TAX PROFIT AND NET MATERNITY PROFIT FOR THE YEAR ENDED DECEMBER 31, 2023 WILL INCREASE. In addition, the Company mentioned the announcement of March 8, 2024 regarding the possibility of absorption of the Merger (the “Possible Merger”) by way of exchange. Since the earnings announcement is published within the proposed period of a possible merger, the Company's financial advisors and auditors or accountants are required to report on the earnings announcement in accordance with Rule 10 of the Acquisition Code. However, companies need to issue profit warnings as soon as possible, so there are difficulties in time. The Company has taken appropriate...Show More