000963SZSE
🚨 Material Event

Announcement on Company's Preliminary Selection in the 12th National Centralized Drug Procurement

Huadong Medicine Co., Ltd··4 pages

✨ AI Summary

Huadong Medicine announced its preliminary selection in the 12th national centralized drug procurement for Cyclosporine Soft Capsules, Tacrolimus Capsules, and Mesalazine Enteric-coated Tablets. These products generated approximately RMB 2.076 billion in sales in 2025. The company expects this to enhance drug accessibility and reduce patient costs.

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Announcement on Company's Preliminary Selection in the 12th National Centralized Drug Procurement

The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

On July 31, 2026, Huadong Medicine Co., Ltd. (hereinafter referred to as the "Company"), along with its wholly-owned subsidiary Hangzhou Sino-American Tianqing Pharmaceutical Co., Ltd. (hereinafter referred to as "Sino-American Tianqing") and Huadong Medicine (Xi'an) Bohua Pharmaceutical Co., Ltd. (hereinafter referred to as "Xi'an Bohua"), participated in the bidding for the 12th batch of national centralized volume-based drug procurement organized by the National Healthcare Security Administration's Centralized Procurement Office (hereinafter referred to as the "Centralized Procurement Office").

According to the "Public Announcement of Preliminary Selection Results for the 12th Batch of National Centralized Volume-Based Drug Procurement" released by the Centralized Procurement Office that evening, the Company's products Cyclosporine Soft Capsules, Tacrolimus Capsules, and Mesalazine Enteric-coated Tablets are preliminarily selected for this national centralized volume-based drug procurement. The relevant details are hereby announced as follows:

I. Basic Information of Preliminarily Selected Products

Product NamePreliminarily Selected ProductPreliminarily Selected Enterprise
Cyclosporine Oral Sustained-Release PreparationCyclosporine Soft CapsulesHangzhou Sino-American Tianqing Pharmaceutical Co., Ltd.
Tacrolimus Oral Sustained-Release PreparationTacrolimus CapsulesHangzhou Sino-American Tianqing Pharmaceutical Co., Ltd.
Mesalazine (Mesalazine) Oral Sustained-Release PreparationMesalazine Enteric-coated TabletsHuadong Medicine (Xi'an) Bohua Pharmaceutical Co., Ltd.

Note: 1. The above are preliminary selection results. The final selected results and related information will be subject to the official announcement by the Centralized Procurement Office.

  1. In accordance with relevant regulations, the procurement period for the preliminarily selected products in this batch will be from the date of execution of the selection results until December 31, 2029.

II. Impact on the Listed Company and Other Explanations

The Company's above-mentioned preliminarily selected products achieved a total sales revenue of approximately RMB 2.076 billion in 2025, accounting for 4.76% of the Company's total revenue in 2025 and 14.04% of the pharmaceutical industry's operating revenue (including CSO business) for the same period. In the first quarter of 2026, the total sales revenue of these products was approximately RMB 533 million, accounting for 4.76% of the Company's operating revenue for the period and 13.16% of the pharmaceutical industry's operating revenue (including CSO business) for the same period.

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