Xingqi Pharmaceutical: Terminating Private Placement and Withdrawing Application Documents
Xingqi Pharmaceutical has decided to terminate its private placement of A-shares, citing market conditions and its development plans. The company has withdrawn its application documents with the Shenzhen Stock Exchange, stating this decision will not significantly impact its operations. Separately, shareholders of Zhongxin Saike plan to reduce their holdings by up to 1.84% of the company's total share capital. AI