Lisheng Pharmaceutical, an indirect non-wholly owned subsidiary of Tianjin Development Holdings Limited, continues to play a significant role in the pharmaceutical industry in China. Primarily engaged in the manufacturing and sale of chemical drugs, Lisheng Pharmaceutical is a joint stock limited company in the People's Republic of China. The company benefits from a strategic relationship with Tianjin Development Holdings, which holds an effective interest of approximately 34.11% in Lisheng Pharmaceutical's issued share capital. This partnership aligns with Tianjin Development Holdings' broader investment strategy, which includes various sectors such as hotels, electrical and mechanical manufacturing, and strategic investments in port services and elevator and escalator production.