huaxi biological controller plans to donate 0.4 billion yuan worth of company shares to Shandong university.

On the evening of October 16, Huaxi Biotechnology Co., Ltd. (hereinafter referred to as "Huaxi Biology", 688363) announced that Zhao Yan, the company's actual controller, chairman and general manager, intends to pass the company's controlling shareholder Huaxi The 4.8167 million shares of the company indirectly held by Xinyu Investment Co., Ltd. (hereinafter referred to as "Huaxi Xinyu") were donated to the Shandong University Education Foundation. According to the 83.12 yuan share price of Huaxi Biology closed today, the market value of the above-mentioned donated shares is 0.4 billion yuan.

The announcement stated that in order to commemorate the lofty character and outstanding contribution of Professor Zhang Tianmin of Shandong University, the "father of hyaluronic acid in China", I am grateful to Shandong University, encourage Qilu post-students, and support Shandong University's scholars and scholars who have made outstanding contributions in the field of biomedicine. Researchers to promote the development of China's biotechnology industry, Huaxi Bio recently received a notice from the company's actual controller, chairman and general manager Ms. Zhao Yan, zhao Yan, the actual controller, chairman and general manager of the company, intends to donate 4.8167 million shares of the company indirectly held by him through the company's controlling shareholder Hua Xixinyu to the Shandong University Education Foundation. The underlying shares of the donation represent 1% of the company's total share capital.

The announcement stated that as of the disclosure date of the announcement, the underlying stock is still in the lock-up period, which is within 60 months from the date of listing of the company's stock, that is, from November 6, 2019 to November 5, 2024. The donation parties have negotiated and determined that the underlying shares will be completed in one lump sum in accordance with the relevant regulations after the expiration of the lock-up period. The donor still has ownership of the underlying stock and still enjoys full shareholder rights and assumes corresponding shareholder obligations to the underlying stock until the delivery of the underlying stock is completed.

In addition, as of the disclosure date of the announcement, Zhao Yan directly holds 115920 shares of the company, accounting for 0.02 of the company's total share capital; indirectly holds 0.2835 billion shares of the company through Huaxi Xinyu, accounting for 58.86 of the company's total share capital.%, Zhao Yan directly and indirectly holds 58.88 of the company's shares.

According to the official website of Huaxi Biology, Huaxi Biology was established in 2000 and is a world-renowned biotechnology company and biomaterial company. As a platform enterprise of biotechnology industry chain, the company's business currently covers bioactive raw materials, medical end products, consumer end products (functional skin care products and functional foods). According to Huaxi Bio's 2023 semi-annual report, Huaxi Bio's net profit was 0.422 billion yuan, down 9.71 percent from the same period last year.

As of the close of trading on October 16, Huaxi Bio's stock price was 83.12 yuan, down 1.98 percent. According to this price, the market value of Zhao Yan's donated shares is about 0.4 billion yuan, but the market value of the donated shares will change accordingly with the change of the stock price.

According to the official website of Shandong University, Shandong University is a key comprehensive university directly under the Ministry of Education, which has important influence at home and abroad. In 2017, Shandong University successfully entered the ranks of world-class university construction universities (Class A). According to the official website of the school, since socialism with Chinese characteristics entered the new era, the overall strength and international influence of the school have been significantly enhanced. The academic influence and contribution ability of 18 disciplines have entered the top 1% of the ESI world ranking, and 5 disciplines have entered the top 1 ‰ of the ESI ‰, financial mathematics, crystal materials, condensed matter physics, colloid interface chemistry, microbiology, machinery, materials science, cardiovascular and cerebrovascular function repair, new drug manufacturing, Chinese classical philosophy and other disciplines have reached the domestic first-class level, some directions and fields have been in the world level.

(original title: value 0.4 billion yuan! Hua Xi biological controlling shareholder plans to donate 1% of the shares to Shandong university education foundation)