Baihua Pharmaceutical: Jinhua Junxin intends to acquire 20.68% stake in the company and resume trading on April 8th.
Hundred Flowers Pharmaceuticals announced that the company's controlling shareholder and actual controller, Mi Zaiqi, Mi Enhua, Yang Xiaoling, and Jinhua Juxin have signed a "Stock Transfer Agreement", intending to transfer a total of 79.5251 million shares of the company's unlimited sale condition circulating shares held by them to Jinhua Juxin, with a total transfer price of 890 million yuan, equivalent to 11.19 yuan per share. After the completion of this transaction, the company's controlling shareholder will be changed to Jinhua Juxin, and the actual controller will be changed to the State-owned Assets Supervision and Administration Commission of Jinhua Municipal People's Government. The company's stock will resume trading starting April 8, 2026.
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