Wuhan Keqian Biology Discloses Investment in DEKON AGR's Hong Kong IPO

Deep News
02/11

Wuhan Keqian Biology Co.,Ltd. stated on an investor interactive platform that it participated as an investor in the Hong Kong Stock Exchange IPO of Sichuan DEKON AGR at the end of 2023. The company clarified that the investment in DEKON AGR was made to strengthen communication and collaboration with a key client, rather than for short-term selling, repurchasing, or investment returns. Consequently, the investment has been classified as a financial asset measured at fair value through other comprehensive income and is reported under other equity instrument investments. For detailed information, refer to the "Notes to Consolidated Financial Statement Items – 18. Other Equity Instrument Investments" section in the company’s periodic financial reports.

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