Sichuan Kelun-Biotech Gains Regulatory Approval for Share Issuance

Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. Class H (HK:6990) has released an update.

Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. has received approval from the China Securities Regulatory Commission to issue new domestic shares to a specific subscriber. This approval allows the company to proceed with the subscription under the specific mandate, marking a significant step in their financial strategy. The issuance will be conducted in accordance with regulatory requirements within the next 12 months.

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