Guizhou New-Times Pharmaceutical Co., Ltd. Announcement on Pledge and Partial Release of Shares by Controlling Shareholder
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Guizhou New-Times Pharmaceutical Co., Ltd. (hereinafter referred to as the "Company") recently received a notice from its controlling shareholder, Shanghai New-Times Zhiyao Biotechnology Co., Ltd. (hereinafter referred to as "New-Times Zhiyao"). New-Times Zhiyao has pledged some of the shares it holds in the Company and has also completed the release of some of the pledged shares. The specific situation is as follows:
I. Basic Information on Share Pledge