Credit Rating Notification
Orient Golden Credit Rating [2026] No. 0282
To: Hubei Gongtong Pharmaceutical Co., Ltd.:
Orient Golden Credit Rating Co., Ltd. has conducted a follow-up rating of the credit status of your company and the "Gongtong Convertible Bonds" in accordance with the follow-up rating arrangement. As determined by the Credit Rating Committee, this follow-up rating downgrades the company's issuer credit rating to A-, maintains the rating outlook as stable, and simultaneously downgrades the credit rating of "Gongtong Convertible Bonds" to A-.
Orient Golden Credit Rating Co., Ltd.
Director of Credit Rating Committee: [blank]
Date: June 25, 2026
Credit Rating Report Statement
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This rating is a commissioned rating. Orient Golden and the rating personnel have no affiliation with the entrusting party or the rated object that would affect the independence of this rating. We have made independent judgments based on relevant laws, regulations, regulatory requirements, company rating processes, and rating standards, without interference or influence from any institution or individual.
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The rating conclusions and related analyses contained in this report are predictive views expressed by Orient Golden based on relevant information regarding the credit status of the rated object, rather than factual statements or verification opinions. Given the nature of credit rating work and the influence of objective conditions, this report has certain limitations in information acquisition, rating methods and models, and future forecasting.
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The rating conclusions and related analyses contained in this report are individual opinions of Orient Golden regarding the credit status of the rated object and do not constitute any investment or financial advice. They should not be regarded as recommendations or guarantees for purchasing, selling, or holding any financial products. Orient Golden is not responsible for any losses incurred by any institution or individual due to the use of this report and rating results, nor does it assume any consequences arising from the use of this report by the entrusting party or the rated object, or the provision of this report to third parties.
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In principle, the rating results for this debt instrument are valid for the remaining duration of the debt from the date of this report. Orient Golden reserves the right to separately issue follow-up rating results or announcements of changes in rating results (adjustments, withdrawals, terminations, etc.).
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