Shareholders of Tailing Pharmaceuticals (01011) with a total market value of HK$100 million will deposit 251 million shares in Hong Kong and Shanghai HSBC

The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on October 15, Tailing Pharmaceuticals (01011) changed positions, with a total market value of HK$100 million, accounting for 13.96%. The company's shareholders deposited 251 million shares in the Hong Kong and Shanghai HSBC Bank, increasing their shareholding ratio by 13.96%.

Tailing Pharmaceutical issued an announcement. After considering the recommendations of the Company's Audit Committee, the board of directors has decided to appoint Guowei Certified Public Accountants Limited (Guowei) as the company's new auditor to fill the temporary vacancy after Dahua Ma Shiyun's retirement. It will take effect from the date of shareholders' approval at the special shareholders' meeting, and his term of office will last until the end of the next annual general meeting of shareholders of the Company.