002099SZSE

Announcement on the Progress of Investment in Fuhong Hanlin by Participating in a Partnership

✨ AI Summary

Zhejiang Haixiang Pharmaceutical Co., Ltd. has announced its investment of 100 million RMB in a partnership to establish the Hangzhou Fuhong Equity Investment Partnership. The partnership's duration has been extended to June 3, 2027, and the total investment amount has been reduced to 126 million RMB following the exit of a partner. The changes aim to optimize asset exit arrangements and maximize partner benefits.

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Full Translation

AI Translation· azure_openai

Securities Code: 002099

Securities Abbreviation: Haixiang Pharmaceutical

Announcement Number: 2026-037

Zhejiang Haixiang Pharmaceutical Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

I. Overview of Partnership Investment

The 12th meeting of the 6th Board of Directors of Zhejiang Haixiang Pharmaceutical Co., Ltd. reviewed the proposal on participating in the establishment of a partnership to invest in Fuhong Hanlin, agreeing to invest 100 million RMB to participate in the establishment of Taizhou Fuhong Equity Partnership (Limited Partnership) [now renamed: Hangzhou Fuhong Equity Investment Partnership (Limited Partnership), hereinafter referred to as "the Partnership"], holding a 64.10% share in the Partnership. This Partnership is a special fund specifically investing in non-listed shares of Shanghai Fuhong Hanlin Biotechnology Co., Ltd. (stock abbreviation: "Fuhong Hanlin", stock code: 02696). These shares were converted into H shares on February 4, 2026, and have been listed on the Hong Kong Stock Exchange. For specific details, please refer to the announcements published on June 5, 2021, and February 6, 2026, in the Securities Times, China Securities Journal, Shanghai Securities Journal, and Securities Daily (Announcement No.: 2021-023, Announcement No.: 2026-008).

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