Yuekang Pharmaceuticals: The 1.72 million shares held by the controlling shareholder Jing Yueyongshun were auctioned off by the court.
Yuekang Pharmaceutical announced that the company's controlling shareholder Jing Yue Yongshun's 1.72 million shares have been transferred due to judicial auction. Before the transfer, Jing Yue Yongshun held 154 million shares, accounting for 34.16%; the total holding of the controlling shareholder and its concerted actors was 219 million shares, accounting for 48.66%. After the transfer, Jing Yue Yongshun's holding decreased to 152 million shares, accounting for 33.78%; the concerted actors collectively held 217 million shares, accounting for 48.27%. This transfer also lifted the judicial freeze simultaneously, leaving Jing Yue Yongshun with 3.95 million frozen shares, accounting for 0.88% of the total shares of the company.
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