香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 上海君實生物醫藥科技股份有限公司（「本公司」及其附屬公司「本集團」）董事會 （「董事會」）茲通告謹定於2025年8月26日（星期二）舉行董事會會議，以考慮及通 過本集團截至2025年6月30日止六個月的中期業績，以及處理其他事項。 承董事會命 上海君實生物醫藥科技股份有限公司 熊俊先生 主席 中國，上海，2025年8月14日 於本公告日期，本公司董事會包括執行董事熊俊先生、李寧博士、鄒建軍博士、 李聰先生、張卓兵先生、姚盛博士、王剛博士及李鑫博士；非執行董事湯毅先 生；以及獨立非執行董事張淳先生、馮曉源博士、楊悅博士、酈仲賢先生及魯琨 女士。 * 僅供識別之用 SHANGHAI JUNSHI BIOSCIENCES CO., LTD.* 上海君實生物醫藥科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1877） 董事會召開日期 ...

格隆汇8月14日丨君实生物(01877.HK)宣布，谨定于2025年8月26日（星期二）举行董事会会议，以考虑 及通过本集团截至2025年6月30日止六个月的中期业绩，以及处理其他事项。 ...

上海君實生物醫藥科技股份有限公司（「本公司」及其附屬公司「本集團」）董事會 （「董事會」）茲通告謹定於2025年8月26日（星期二）舉行董事會會議，以考慮及通 過本集團截至2025年6月30日止六個月的中期業績，以及處理其他事項。 SHANGHAI JUNSHI BIOSCIENCES CO., LTD.* 上海君實生物醫藥科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1877） 董事會召開日期 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 承董事會命 上海君實生物醫藥科技股份有限公司 熊俊先生 主席 中國，上海，2025年8月14日 於本公告日期，本公司董事會包括執行董事熊俊先生、李寧博士、鄒建軍博士、 李聰先生、張卓兵先生、姚盛博士、王剛博士及李鑫博士；非執行董事湯毅先 生；以及獨立非執行董事張淳先生、馮曉源博士、楊悅博士、酈仲賢先生及魯琨 女士。 * 僅供識別之用 ...

Core Viewpoint - Junshi Biosciences is positioned as a comprehensive innovative pharmaceutical company with capabilities spanning drug discovery, clinical research, large-scale production, and commercialization, aiming for a global footprint while being rooted in China [2] Group 1: Company Overview - Junshi Biosciences was established on December 27, 2012, and went public on July 15, 2020, focusing on the research and commercialization of monoclonal antibodies and therapeutic proteins [7] - The company's main revenue sources include drug sales (84.18%), technology licensing (12.08%), and other income (3.73%) [7] - As of March 31, 2025, Junshi Biosciences reported a revenue of 5.01 billion yuan, a year-on-year increase of 31.46%, and a net profit attributable to shareholders of -235 million yuan, a year-on-year increase of 17.01% [8] Group 2: Product Pipeline and Innovations - The company has developed a robust product pipeline, including the first domestically approved PD-1 monoclonal antibody, Toripalimab, which has received approval for 11 indications in mainland China and is also approved in multiple countries including the US and EU [2] - Junshi Biosciences is advancing its first-in-human anti-tumor BTLA monoclonal antibody, Tifcemalimab, which is currently undergoing two Phase III clinical trials [2] - The company is also collaborating with various research institutions to develop vaccines, including a monkeypox vaccine, which is in the preclinical development stage [3] Group 3: Market Performance - On August 13, Junshi Biosciences' stock rose by 5.03%, with a trading volume of 1.025 billion yuan and a market capitalization of 44.62 billion yuan [1] - The stock has shown a net inflow of 48.8 million yuan from major investors, indicating a lack of clear trend in major holdings [5] - The average trading cost of the stock is 36.29 yuan, with the current price approaching a resistance level of 44.00 yuan, suggesting potential for upward movement if this level is breached [6]

Company Overview - Junshi Biosciences has seen a stock price increase of 54.45% year-to-date, with a 2.25% rise in the last five trading days, 8.87% in the last 20 days, and 42.70% in the last 60 days [2] - The company specializes in the research and commercialization of monoclonal antibody drugs and other therapeutic protein drugs, with 84.18% of its revenue coming from drug sales, 12.08% from technology licensing, and 3.73% from other sources [2] - As of March 31, 2025, Junshi Biosciences reported a revenue of 5.01 billion yuan, a year-on-year increase of 31.46%, while the net profit attributable to shareholders was -2.35 billion yuan, reflecting a year-on-year growth of 17.01% [2] Market Performance - As of August 13, Junshi Biosciences' stock was trading at 42.21 yuan per share, with a market capitalization of 43.337 billion yuan [1] - The stock experienced a net inflow of 8.2718 million yuan from main funds, with significant buying and selling activity from large orders [1] Shareholder Structure - As of March 31, 2025, the top ten circulating shareholders included notable ETFs, with 华夏上证科创板50成份ETF holding 30.2534 million shares, a decrease of 5.0506 million shares from the previous period [3] - 易方达上证科创板50ETF held 21.5833 million shares, also showing a decrease of 0.8692 million shares [3] - 香港中央结算有限公司 increased its holdings to 14.9956 million shares, an increase of 0.15278 million shares [3]

Core Viewpoint - Junshi Biosciences-U's stock price has shown a positive trend, reflecting investor confidence in the company's ongoing drug development and recent regulatory progress [1] Company Overview - Junshi Biosciences-U is a biopharmaceutical company focused on the research, development, production, and commercialization of innovative drugs [1] - The company's main products include Toripalimab and other biological drugs, targeting areas such as tumor immunotherapy, metabolic diseases, and autoimmune diseases [1] Recent Developments - The National Medical Products Administration has accepted the new indication application for Toripalimab in combination with Vedolizumab for patients with locally advanced or metastatic urothelial carcinoma expressing HER2 [1] - This marks the 13th indication application for Toripalimab submitted in China [1] Market Performance - As of August 11, 2025, Junshi Biosciences-U's stock price was 42.54 yuan, up by 1.03 yuan or 2.48% from the previous trading day [1] - The stock opened at 41.60 yuan, reached a high of 43.50 yuan, and a low of 40.81 yuan, with a trading volume of 230,900 hands and a transaction amount of 966.7 million yuan [1] - The net outflow of main funds on August 11, 2025, was 15.63 million yuan, accounting for 0.05% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow of main funds was 40.99 million yuan, representing 0.13% of the circulating market value [1]

智通财经获悉，君实生物(01877)、荣昌生物(09995)午后齐涨。截至发稿，君实生物涨4.53%，报30.48 港元；荣昌生物(09995)涨1.55%，报65.7港元。 据悉，这是特瑞普利单抗在中国内地递交的第十三项适应症上市申请。该申请主要基于RC48-C016研 究，该研究是一项多中心、随机、开放、阳性药对照的Ⅲ期临床研究，主要研究终点无进展生存期 (PFS)和总生存期(OS)均达到方案预设的优效边界。 本文源自：智通财经网 消息面上，近日，君实生物宣布，国家药品监督管理局已于近日受理公司自主研发的抗PD-1单抗药物 特瑞普利单抗合荣昌生物(09995)自主研发的抗体偶联(ADC)药物维迪西妥单抗用于HER2表达的局部晚 期或转移性尿路上皮癌患者的新适应症上市申请获得受理。 ...

Group 1 - Tsinghua Unigroup's control will change as Hunan Sailuxian will acquire approximately 58.61 million shares from its controlling shareholder, Tsinghua Technology Service Co., Ltd, leading to a shift in control of Tsinghua Unigroup [1] - The new controlling shareholder will need to stabilize the company's operations amidst industry consolidation, and investors should pay attention to future asset integration and the new shareholder's resource injection capabilities, with potential short-term stock price volatility [1] Group 2 - Shuoshi Bio reported a revenue of 176 million yuan, a year-on-year decrease of 1.05%, and a net profit attributable to shareholders of 3.99 million yuan, down 86.35% year-on-year, primarily due to the deepening of centralized procurement in the in vitro diagnostic industry and an increase in the VAT rate to 13% [2] - The decline in net profit is attributed to pressure on product prices from industry procurement, a significant drop in gross margin, and a 13.11% reduction in R&D investment, which may weaken long-term competitiveness [2] Group 3 - Fosun Pharma's subsidiary, Shanghai Fuhong Hanlin Biotech, received FDA approval to conduct Phase I clinical trials for HLX43, a targeted PD-L1 antibody-drug conjugate for thymic cancer, marking a significant step in the internationalization of innovative drugs [3] - The drug's dual advantages of immune modulation and precise targeting position it competitively in the global market, with the potential to fill a treatment gap for thymic cancer if subsequent data is positive [3] Group 4 - Junshi Biosciences announced that the National Medical Products Administration has accepted the application for the 13th indication of its PD-1 monoclonal antibody, Toripalimab, for use in combination with HER2 ADC for patients with locally advanced or metastatic urothelial carcinoma expressing HER2 [4] - This combination is expected to further strengthen Junshi's differentiated positioning in the PD-1 market and enhance collaboration with Rongchang Bio on ADC development [4]

Investment Rating - The report maintains an investment rating of "Outperform" with a target price set for leading stocks [3][4]. Core Insights - The innovative drug sector is experiencing fluctuations, but several catalysts are anticipated, including academic conferences, business development achievements, and negotiations for medical insurance [2]. - The National Medical Insurance Administration has updated the data on innovative drugs included in the medical insurance directory, showing rapid hospital admissions for several newly included domestic innovative drugs [2][22]. Summary by Sections Weekly New Drug Market Review - From August 4 to August 10, 2025, the top five companies in the new drug sector by stock price increase were: Beihai Kangcheng (+73.1%), Jiahe Biotech (+39.0%), Gilead Sciences (+30.3%), Heyu Biotech (+21.1%), and Hengrui Medicine (+15.3%). The top five companies with the largest declines were: Hutchison China MediTech (-13.8%), Frontier Biotech (-13.4%), Yifang Biotech (-11.7%), Haichuang Pharma (-9.9%), and Maiwei Biotech (-9.2%) [1][16]. Recommended Stocks to Watch - The report suggests focusing on potential overseas licensing opportunities for significant products, including differentiated GLP-1 assets from companies like Zhongsheng Pharma, Kangyuan Pharma, and Gilead Sciences. Additionally, upgraded PD-1 products from Kangfang Biotech and others are highlighted [2][22]. Key Analysis of the New Drug Industry - The report notes that several innovative drugs newly included in the medical insurance directory are rapidly entering hospitals, with notable growth in hospital admissions for drugs such as Zaiqiang Pharma's recombinant thrombin and Hengrui Medicine's Tazemetostat [2][22][23]. New Drug Approval and Acceptance Status - This week, three new drug applications were approved, including Adalimumab injection from Wuhan Biological Products Research Institute, Dulaglutide injection from Shandong Boan Biotech, and Evinacumab injection from Xi'an Janssen [28][29]. Additionally, four new drug applications were accepted, including Trastuzumab injection from Amgen and others [28][30]. Clinical Application Approval and Acceptance Status - A total of 55 new drug clinical applications were approved this week, while 31 new drug clinical applications were accepted [10][31].

Core Viewpoint - Junshi Biosciences, a leading domestic BioPharma company, is experiencing accelerated sales growth in its existing business and is on the verge of significant advancements in its innovative drug pipeline [1][3] Group 1: Sales Performance - Junshi Biosciences' core product, Toripalimab, is projected to achieve sales of 1.501 billion yuan in 2024, representing a 66% year-on-year growth, indicating a return to sales momentum [1] - The subcutaneous formulation of Toripalimab is currently in Phase III clinical trials, which, upon approval, is expected to further solidify the product's market position [1] Group 2: Innovative Drug Pipeline - Multiple innovative assets are approaching critical stages, with several candidates expected to enter Phase III clinical trials soon, including JS203 (CD20/CD3), JS107 (CLDN18.2 ADC), JS207 (PD-1/VEGF), JT002 (siRNA), and JS015 (DKK1) [2] - The JS107 asset is leading in the domestic development of CLDN18.2 ADC, showing excellent efficacy and safety, and may become one of the first approved treatments for first-line gastric cancer [2] - JS207, a PD-1/VEGF dual antibody, is positioned competitively in the market and has initiated multiple Phase II clinical studies in combination therapies, potentially allowing it to outperform competitors [2] - JS015, a globally leading DKK1 monoclonal antibody, has demonstrated impressive data in early trials, achieving a 100% overall response rate (ORR) in evaluable patients for first-line colorectal cancer treatment [2] Group 3: Early Pipeline and Technology Platforms - The company has a rich early-stage pipeline and a comprehensive technology platform, including dual antibodies, dual antibody-drug conjugates (ADCs), and small nucleic acids [2] - The company is also developing a PD-1/IL-2 dual antibody (JS213) with promising early data in Australian solid tumors, which could become a significant product in the next generation of immuno-oncology [2] - JT002, a licensed nasal spray immunomodulatory small nucleic acid drug targeting seasonal allergic rhinitis, has completed patient enrollment in Phase II clinical trials [2] - JS212 (EGFR/HER3 dual antibody ADC) has received clinical approval, further enhancing the company's asset portfolio [2] Group 4: Financial Projections - Revenue projections for Junshi Biosciences are estimated at 2.681 billion yuan, 3.673 billion yuan, and 5.479 billion yuan for the years 2025 to 2027, respectively [3] - The company is expected to report net losses of 940 million yuan, 350 million yuan, and a profit of 420 million yuan for the same period, with corresponding earnings per share (EPS) of -0.92 yuan, -0.34 yuan, and 0.41 yuan [3] - The company is rated as a "buy" based on its growth potential and upcoming product launches [3]