Shareholders to Vote on Change in Use of IPO Proceeds at Next Shanghai Fudan-Zhangjiang Bio-Pharmaceutical EGM

Reuters
2025.10.31 13:31
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Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. will hold an extraordinary general meeting to vote on a proposal to change the use of proceeds from its A share IPO. The proposal seeks to reallocate unused funds to a new project, extending the utilization timeline to December 31, 2027. The board recommends voting in favor of this proposal.

Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. will hold an extraordinary general meeting on a future date to vote on a proposal to change the use of proceeds from its A share initial public offering. The proposal seeks shareholder approval to reallocate unused funds from the original project to a new project, with an adjusted utilisation timeline extending to 31 December 2027. The board recommends voting in favor of the proposal. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. published the original content used to generate this news brief on October 31, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here