Zhejiang Yatai Pharmaceutical Co.Ltd(002370) the largest shareholder intends to transfer 7.27% of the company’s shares

According to the announcement of Zhejiang Yatai Pharmaceutical Co.Ltd(002370) , the shareholder Bank Of Ningbo Co.Ltd(002142) of the company plans to transfer 39000000 shares of the company (accounting for 7.27% of the total share capital of the company) to Fubang group, the largest shareholder of the company, through agreement transfer. The transfer price of the subject shares is 5.21 yuan per share, with a total transfer price of 203190000.00 yuan. After the completion of this share transfer, Fubon group and its persons acting in concert held 96675566 shares of the company, accounting for 18.02% of the total share capital of the company; Bank Of Ningbo Co.Ltd(002142) no longer holds shares in the company.

(source: Shanghai Securities News · China Securities Network)

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