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Kuo-Kuang Biotech Changes Shareholder Meeting Souvenir, Responding to Shareholder Needs with Remarkable Results

Kuo-Kuang Biotech Changes Shareholder Meeting Souvenir, Responding to Shareholder Needs with Remarkable Results

Shareholder meeting souvenirs have always been a focus of interest for shareholders. Recently, Kuo-Kuang Biotech (4142), which has more than 72,000 shareholders, unexpectedly changed the originally planned souvenir from a "vacuum-sealed container" to a "200 NTD gift card for Uni-President Convenience Store," sparking discussions. After this change was announced, Kuo-Kuang's stock price surged nearly 5% at one point today, ultimately closing at 19.8 NTD, with a rise of 3.66%.

In the past, the company's souvenirs were mainly practical items, such as spray bottles and eco-friendly tableware. However, this change's reason has not been clearly explained, leading external observers to speculate that it may be related to feedback from shareholders. Founded in 1965 as a vaccine manufacturer, Kuo-Kuang expects to generate sales of 1.557 billion NTD in 2024, down 12.8% from last year, and is projected to incur a net loss of 243 million NTD.

This year's shareholder meeting is scheduled for June 23 at 9 AM at No. 328, Junfu 18th Road, North District, Taichung City. Only shareholders who attend the meeting in person or exercise their voting rights electronically will be eligible to receive the souvenirs. Stock transfer will be suspended from April 28 to June 26.