Summary by Moomoo AI
ON MARCH 18, 2024, CHINA PHARMACEUTICAL HOLDINGS LIMITED (CHINESE PHARMACEUTICALS) ENTERED INTO A SHARE PRIVATIZATION TRANSACTION THROUGH AN AGREED ARRANGEMENT. Pursuant to Rule 22 of the Hong Kong Code of Companies, the Executives disclose relevant securities transaction information. In this transaction, Wang Wenhan sold 20,000 shares of Chinese pharmaceutical stocks held at HK$4.33 per share, with a holding ratio of 100% after the transaction. WANG WENHAN IS CONSIDERED TO BE A PERSON ASSOCIATED WITH A CONTRACTED COMPANY UNDER THE UNIFORM CODE OF CONDUCT DEFINED IN THE CODE OF ACQUISITIONS AND MERGERS.