Yong'an Pharmaceutical: Joint venture company Huanggang Daily Chemical Co., Ltd. was wholly absorbed and merged by a subsidiary.

Yongan Pharmaceutical announced that in November 2025, the company approved the proposal for its subsidiary, Tianan Daily Chemical, to absorb and merge with the jointly-owned company Huanggang Daily Chemical. Recently, Tianan Daily Chemical and Huanggang Daily Chemical have completed the business registration and cancellation procedures, and the merger has been completed. The company's original investment of 30 million yuan in Huanggang Daily Chemical has now been transformed into an investment in Tianan Daily Chemical, with a unchanged stake of 6.5217%. This merger is beneficial for optimizing management structure and will not have a significant adverse impact on the company's financial condition, business development, and profit level.