Changsheng Biotechnology Co., Ltd. announces that its wholly-owned subsidiary, Changchun Changsheng Biotechnology Co., Ltd., has been declared bankrupt by the Changchun Intermediate People's Court. The court found that the subsidiary is insolvent and unable to pay its debts, with no possibility of reorganization or settlement. Investors are advised to be aware of the investment risks.
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Changsheng Biotechnology Co., Ltd.
Securities Code: 002680
Securities Abbreviation: Changsheng Tui
Announcement No.: 2019-057
Announcement on the Bankruptcy Liquidation of the Company's Wholly-Owned Subsidiary
The company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
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