Nucor earnings beat by $0.08, revenue fell short of estimates
Sinovac Biotech Ltd., currently trading at $21.32 with a 37% decline over the past year, has scheduled a special meeting of shareholders to be held on July 8, 2025, according to an SEC filing submitted today. InvestingPro analysis indicates the stock is slightly overvalued at current levels.
The China-based pharmaceutical company, known for its vaccine development and maintaining a GOOD financial health score according to InvestingPro, filed a Form 6-K with the U.S. Securities and Exchange Commission that included a notice and proxy statement for the upcoming meeting, along with the form of proxy card that shareholders will use to cast their votes. The company offers a 3.77% dividend yield and generated nearly $11 billion in revenue over the last twelve months.
The filing was signed by Dr. Chiang Li, Chairman of the Board of Directors of Sinovac Biotech.
Sinovac, headquartered in Beijing’s Haidian District, trades on U.S. markets and files its annual reports under Form 20-F, as indicated in the filing.
The company did not disclose specific agenda items for the special meeting in the main filing document. Shareholders can expect to receive detailed information about the matters to be voted upon in the proxy materials referenced in the exhibits.
Sinovac Biotech, which was formerly known as Net Force Systems Inc. until November 1999, operates in the pharmaceutical preparations industry with a focus on vaccine development and production.
The company maintains its principal executive offices at No. 39 Shangdi Xi Road in Beijing’s Haidian District.
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