HONG
KONG, May 10, 2022 /PRNewswire/ -- Global
Cord Blood Corporation (NYSE: CO, "GCBC" or the "Company"),
China's leading provider of cord
blood collection, laboratory testing, hematopoietic stem cell
processing and stem cell storage services, announced today that the
Company has received a copy of a petition that was filed with the
Grand Court of the Cayman Islands
by Blue Ocean Structure Investment Company Limited ("Blue Ocean").
The Company is taking legal advice in response to Blue Ocean's
petition and will make further announcements as appropriate in due
course.
About Global Cord Blood Corporation
Global Cord Blood Corporation is an umbilical cord blood banking
operator serving multiple regions in China. Global Cord Blood Corporation provides
cord blood collection, laboratory testing, hematopoietic stem cell
processing and stem cell storage services. For more information,
please visit the Company's website at:
http://www.globalcordbloodcorp.com.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, and
Section 21E of the Securities Exchange Act of 1934. These
statements relate to future events or the Company's future
financial performance. The Company has attempted to identify
forward-looking statements by terminology including "anticipates",
"believes", "expects", "can", "continue", "could", "estimates",
"intends", "may", "plans", "potential", "predict", "should" or
"will" or the negative of these terms or other comparable
terminology. These statements are only predictions, uncertainties
and other factors may cause the Company's actual results, levels of
activity, performance or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking
statements. The information in this press release is not intended
to project future performance of the Company. Although the Company
believes that the expectations reflected in the forward-looking
statements are reasonable, the Company does not guarantee future
results, levels of activity, performance or achievements. The
Company expectations are as of the date this press release is
issued, and the Company does not intend to update any of the
forward-looking statements after the date this press release is
issued to conform these statements to actual results, unless
required by law.
View original
content:https://www.prnewswire.com/news-releases/global-cord-blood-corporation-announces-receipt-of-blue-ocean-petition-301544011.html
SOURCE Global Cord Blood Corporation