Major Announcements: Smac Technology (02571) plans to introduce a strategic investment of 12.0098 million yuan for Zhejiang Smac Technology to build full-chain automotive electronics simulation capabilities. HUTCHMED (00013) announced positive topline results from the Phase III stage of the ESLIM-02 China study of sovleplonib for treating warm antibody autoimmune hemolytic anemia. China Carbon Neutral Development (01372) signed a tripartite strategic cooperation agreement with China Tower and China Recycling Resources to jointly build a lithium battery circular economy ecosystem. Livzon Pharmaceutical Group (01513): Recombinant humanized anti-RANKL monoclonal antibody injection was included in the priority review and approval process. Mao Geping (01318) signed a strategic cooperation framework agreement with L Catterton. Tiangong International (00826): Zhenjiang Qianyuan intends to transfer its 1.76% equity stake in Tiangong Tools to Tiangong New Materials for a consideration of 180 million yuan. Jiangsu Hengrui Pharmaceuticals (01276): Relatlimab injection obtained drug registration approval. China ZhengTong Auto Services (01728): Qifu Group intends to sell 100% equity of Shenzhen Huianqi for 803 million yuan to focus on the core automotive business transformation. Tongyuan Kang Medicine -B (02410): TY-9591 tablets are proposed to be included in the priority review. King Link Group (01751) subsidiary entered into an engineering contract for the Phase II project of the industrial waste gas power generation project for Sonid Right Banner Xinmeng New Material Co., Ltd.

Operating Performance: J&T EXPRESS-W (01519) reported a total parcel volume of 30.1287 billion pieces in 2025, a year-on-year increase of 22.2%. Qinhuangdao Port Co., Ltd. (03369): Total throughput for 2025 reached 433 million tons, up 4.48% year-on-year. GAC Group (02238) December vehicle sales were 187,500 units, a decrease of 33.82% year-on-year. Greentown China (03900) total contracted sales amount in 2025 was approximately 251.9 billion yuan, a decrease of 9% year-on-year. Agile Group (03383) total presale amount in 2025 was 8.57 billion yuan, a decrease of 44.75% year-on-year. China Overseas Grand Oceans Group (00081) achieved contracted sales of 2.57 billion yuan in December 2025, a decrease of 43.9% year-on-year. Ronshine China Holdings (01996) achieved cumulative contracted sales of 4.33 billion yuan in 2025, a decrease of 50.91% year-on-year. Truly International Holdings (00732) cumulative comprehensive operating net revenue for 2025 was approximately HK$16.534 billion, a decrease of about 7.3% year-on-year.