Qianyuan Pharmaceutical: Joins forces with Zhoushan Ronghao to acquire 40% equity of Qianyuan Hailishi at a price of 154.72 million yuan.

Qianyuan Pharmaceutical Announcement: The company held the second meeting of the sixth board of directors on February 24, 2026, authorizing the management to jointly participate in the judicial auction of 40% equity of Zhejiang Qianyuan Hailisheng Pharmaceuticals Co., Ltd. held by Haili Group Limited with its own funds. The company and Zhoushan Ronghao each bid for 20% of the Qianyuan Hailisheng equity. On February 25, 2026, according to the announcement on the Taobao online judicial auction platform of Ningbo Yinzhou District People's Court, the company and Zhoushan Ronghao jointly won 40% equity of Qianyuan Hailisheng at a price of 154.72 million yuan, increasing the company's ownership of Qianyuan Hailisheng to 80%.