Berry Genomics: Shareholding of 1% held by shareholder Gaoyang will be subject to judicial enforcement.
Berry Gene announced that shareholder Gao Yang, who holds more than 5% of the company's shares, defaulted on stock pledge repurchase transactions. The Chengdu Financial Court ruled to force the realization of the 3,535,214 shares of "Berry Gene" held by him, accounting for 1% of the company's total share capital. This matter will not have a significant adverse impact on the company's production and operation or financial condition, nor will it have a significant adverse impact on the company's governance structure.
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