Jincheng Pharmaceutical: Subsidiary Tobacco Monopoly Production Enterprise License Renewal and Change

Jincheng Pharmaceutical announced at noon that its wholly-owned subsidiary Jincheng Yihua received the "Tobacco Monopoly Production Enterprise License" issued by the State Tobacco Monopoly Administration on July 18. The "Tobacco Monopoly Production Enterprise License" issued this time will be valid until June 30, 2028, and the relevant content of the original license has been changed. The approved production capacity of nicotine for electronic cigarettes has been increased to no more than 200 tons per year, which will have a positive impact on the company's performance.