On May 9, 2022, Blue Ocean Structure Investment Company Limited announced that it has filed a notice of petition against Global Cord Blood Corporation seeking an order to 1) refrain the Company from acquiring Cellenkos Inc; 2) amend and restate its memorandum and articles of association to eliminate the classification of the board and to add shareholder protective provisions; and 3) convene an extraordinary general meeting to propose the removal of the current Board and the appointment of alternative directors proposed by Blue Ocean Structure Investment Company Limited.