Hualan Bio Vaccine Co., Ltd. announced that a portion of its raised funds special account was frozen and subsequently unfrozen due to a procurement contract dispute. The frozen amount was approximately RMB 1.4 million, representing 0.02% of the company's net assets. The freeze was short-lived and did not impact the company's operations or investment projects.
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Hualan Bio Vaccine Co., Ltd.
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Announcement on the Freezing and Unfreezing of Part of the Funds in the Company's Special Account for Raised Funds
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