FilingReader Intelligence

Xuerong Bio-Technology faces major ownership shift worth 706m yuan

August 9, 2025 at 05:16 AM UTC•By FilingReader AI

Shanghai Wanziqianhong Smart Technology will acquire 31.6 million shares and 94.8 million voting rights in Xuerong Bio-Technology for 128.6 million yuan, becoming the controlling shareholder.

Wanziqianhong will also subscribe to new shares worth up to 577.1 million yuan and provide loans of up to 40 million yuan to Xuerong Bio-Technology and its subsidiaries.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Shanghai Xuerong biotechnology co., ltd. detailed report on changes in equity (revised draft)August 8, 2025 at 01:48 AM UTC

Supplementary Source Documents

Financial adviser's verification opinion (revised draft) of Beijing Boxin Securities Investment Consulting Co., Ltd. concerning the detailed report on equity changes of Shanghai Xueyong Biology Technology Co., Ltd.August 8, 2025 at 01:48 AM UTC

Shanghai Xuerong Bio-Technology

SZSE:300511•Shenzhen Stock Exchange

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