Shouyao Holdings announced that the company recently signed a “General Construction Contract” with Hangxiao Steel Construction Co., Ltd., which will contract the construction project for Shouyao Holdings's new drug R&D and industrialization base project. The contract amount includes tax of 389 million yuan, and the construction period is 882 calendar days. The project falls within the scope of new drug development and industrialization base construction previously disclosed by the company, with a total investment of no more than 787 million yuan. The signing of this contract has already carried out the necessary internal approval procedures. It does not constitute a related transaction or major asset restructuring, and is not expected to have a significant impact on current business results.

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