Summary by Moomoo AI
EMERY VACCINES CO., LTD. (THE “COMPANY”) ISSUED A VOLUNTARY ANNOUNCEMENT ON 18 APRIL 2024 ANNOUNCING THAT MR. CHU YAN, THE HOLDING SHAREHOLDER, CHAIRMAN OF THE BOARD, EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER OF THE COMPANY FROM 14 NOVEMBER 2023 TO 15 APRIL 2024 WITH EQUITY CAPITAL THROUGH THE OPEN MARKET FOR A TOTAL OF 10,420,220,220 HK$12.00 increase in Company H shares. This increase reflects Mr. Zhou Yan's confidence in the company's intrinsic value and future growth potential. It did not trigger mandatory covenant liability and did not result in a change of control. The company's operations, financial condition and product sales have remained normal, and vaccine R&D is progressing according to plan. The announcement notes that this is conducive to the achievement of the Company's long-term strategic structure and stresses that shareholders and potential investors should buy and sell the Company's securities with caution.