Keqian Biotech announced that the company plans to sign a cooperative R&D agreement with Huazhong Agricultural University, and the deal constitutes a related transaction. This cooperation is conducive to improving the company's core competitiveness in the field of biological products, speeding up the development of the industry, and complying with relevant regulations and procedures. The voting procedure for related transactions is legal, the price is fair, and there is no harm to the company or all shareholders. The company's independent directors Luo Fei, Wang Hui, and Luo Zhi agreed to the matter.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.