LakeShore Biopharma Co., Ltd Warrants (LSBPW)

LakeShore Biopharma Provides Update on Ongoing Criminal Investigation Involving Former Chairman in China

LakeShore Biopharma, a global biopharmaceutical company, announced that the Shenyang Municipal Public Security Bureau in China has initiated criminal investigations into actions taken by the company's former chairman, Yi Zhang, who is accused of misappropriating corporate assets and mismanaging the company, resulting in significant financial losses.