Summary by Moomoo AI
RONG CHANG BIO (YANTAI) CO., LTD. (“RONG CHANG BIO”) HELD A MEETING OF THE BOARD OF DIRECTORS AND SUPERVISORY BOARD ON 29 MARCH 2024 TO CONSIDER THE ADOPTION OF THE RELEVANT MOTIONS REGARDING THE ISSUANCE OF A SHARES TO SPECIFIC OBJECTS IN 2024. The Company expressly states that during this particular issuer share issuance process, there was no commitment to underwritten or variable hedged income to the issuer, nor was there any provision of financial support or compensation to investors participating in the subscription directly or through interest-related directions. The statement is intended to ensure transparency and fairness of the issuance process and all members of the Board are legally responsible for the truthfulness, accuracy and completeness of the contents of the announcement. Announcement to be issued by the Board of Directors on 30 March 2024.