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Huatai United Securities' 2025 On-Site Inspection Report on China Resources Sanjiu Medical & Pharmaceutical Co., Ltd.

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The on-site inspection report by Huatai United Securities for China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. confirms the company's compliance with corporate governance, internal controls, and information disclosure requirements for 2025. The company reported an operating revenue of 31.603 billion yuan and a net profit of 3.421 billion yuan, indicating stable operational performance. No violations or irregularities were found, and all commitments were fulfilled, suggesting a healthy development trend.

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Huatai United Securities Co., Ltd.

On-site Inspection Report of China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. for 2025 Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai United Securities" or "Independent Financial Advisor") is the independent financial advisor for the major asset acquisition of China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. (hereinafter referred to as "China Resources Sanjiu," "the Company," or "the Listed Company"). In accordance with the "Administrative Measures for Major Asset Restructuring of Listed Companies," the "Shenzhen Stock Exchange Stock Listing Rules (2025 Revision)," and the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1 - Standard Operation of Main Board Listed Companies," an on-site inspection of the Company's compliance operation was conducted, and the report is as follows:

I. Basic Information of the On-site Inspection

  1. Independent Financial Advisor Huatai United Securities
  2. Main Persons in Charge of the Independent Financial Advisor Meng Xiangguang, Zhang Quansheng, Zhang Lanyue, Chen Yang
  3. Date of On-site Inspection March 16, 2026
  4. Personnel Conducting the On-site Inspection Meng Xiangguang
  5. Methods of On-site Inspection The on-site inspection personnel reviewed relevant documents, examined the Company's operational status, and conducted checks on China Resources Sanjiu's 2025 operational performance, corporate governance, internal controls, information disclosure, independence, and transactions with the controlling shareholder, actual controller, and other related parties, including fund exchanges, related transactions, external guarantees, significant external investments, and fulfillment of commitments. Based on the aforementioned work, this on-site inspection report was completed.

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