Core Viewpoint - The company BaiO Saite-B (02315) has received approval from the Shanghai Stock Exchange's Sci-Tech Innovation Board for its A-share issuance and listing, which has positively impacted its stock price, leading to a rise of over 5% in early trading [1] Group 1: Stock Performance - BaiO Saite-B's stock price increased by 4.87%, reaching HKD 29.26, with a trading volume of HKD 6.36 million [1] Group 2: Corporate Developments - The Shanghai Stock Exchange's Sci-Tech Innovation Board Listing Committee approved BaiO Saite-B's proposal for A-share issuance and listing during its 38th review meeting on September 24, 2025 [1] - BaiO Saite-B has entered into collaboration agreements with Germany's Tubulis and global technology leader Merck. Tubulis aims to utilize BaiO Saite-B's self-developed fully human antibodies to advance its ADC product development and commercialization, providing BaiO Saite-B with an upfront payment and potential milestone payments along with a single-digit percentage of net sales [1] - The partnership with Merck focuses on developing antibody-conjugated lipid delivery solutions for nucleic acid drugs, such as antibody-conjugated lipid nanoparticles (LNP) [1]

格隆汇9月24日｜中国生物制药及临床前研究服务公司百奥赛图(2315.HK)公布，公司建议A股发行及于 上交所科创板上市，今日已获上交所科创板上市委员会批准。公司在2023年3月曾披露，建议向中国相 关监管机构申请发行不多于9984.96万股A股，并在科创板上市。A股发行所得款项将用于药物早期研发 服务平台建设项目、抗体药物研发及评价项目、临床前及临床研发项目及补充流动资金。 ...

Major Events - Chery Automobile (09973) has received a subscription rate of 308.18 times for its Hong Kong public offering [1] - Sinopec Oilfield Services (01033) has officially signed a contract for the second phase of the Ratawi oil field and inter-well pipeline project in Iraq [1] - Heng Rui Medicine (01276) has signed a licensing agreement for the Trastuzumab project with Glenmark Specialty [1] - AsiaInfo Technologies (01675) has signed a cooperation contract with Alibaba Cloud for a capability center [1] - Baidu Biotechnology-B (02315) has received approval from the Shanghai Stock Exchange's Science and Technology Innovation Board for its A-share issuance [1] Financial Data - Chow Tai Fook Enterprises (00659) reported a 3.73% year-on-year increase in net profit attributable to shareholders, reaching HKD 2.162 billion, with a final dividend of HKD 0.35 per share [1] - Nine Dragons Paper (02689) reported a 135.4% year-on-year increase in profit attributable to equity holders, amounting to approximately HKD 1.767 billion [1] - Datang New Energy Group (00559) announced an annual profit of HKD 33.614 million, marking a return to profitability [1] Buybacks and Increases - Tencent Holdings (00700) repurchased 858,000 shares at a cost of approximately HKD 550 million on September 24 [1] - Anta Sports (02020) spent HKD 188 million to repurchase 2.003 million shares on September 24 [1] - Midea Group (00300) repurchased 1.3541 million A-shares for approximately HKD 99.9934 million on September 24 [1] - Lianlian Digital (02598) plans to repurchase H-shares in the open market [1] - Giant Bio (02367) saw its controlling shareholder increase holdings by 2.0066 million shares [1] - New天绿色能源 (00956) received an increase of 1 million H-shares from its shareholder, Great Wall Life Insurance [1]

百奥赛图-B(02315)公布，上交所科创板上市委员会2025年第38次审议会议已于 2025年9月24日召开。根 据会议审议结果，公司建议A股发行及于上交所科创板上市已获上交所科创板上市委员会批准。 ...

格隆汇9月24日丨百奥赛图-B(02315.HK)公告，董事会仅此宣布，上交所科创板上市委员会2025年第38 次审议会议已于2025年9月24日召开。根据会议审议结果，公司建议A股发行及于上交所科创板上市已 获上交所科创板上市委员会批准。 ...

智通财经APP讯，百奥赛图-B(02315)公布，上交所科创板上市委员会2025年第38次审议会议已于 2025 年9月24日召开。根据会议审议结果，公司建议A股发行及于上交所科创板上市已获上交所科创板上市 委员会批准。 ...

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，概不就因本公告全部或任何部份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 BIOCYTOGEN PHARMACEUTICALS (BEIJING) CO., LTD. 百奧賽圖（北京）醫藥科技股份有限公司 （股份代號：2315） 內幕消息 建議A股發行 獲上海證券交易所科創板上市委員會批准之公告 本公告由百奧賽圖（北京）醫藥科技股份有限公司（「本公司」）遵照香港聯合交易所 有限公司證券上市規則（「上市規則」）第13.09(2)(a)條及證券及期貨條例（香港法 例第571章）第XIVA部的內幕消息條文（定義見上市規則）而發出。 董事會僅此宣佈，上交所科創板上市委員會2025年第38次審議會議（「會議」）已於 2025年9月24日召開。根據會議審議結果，本公司建議A股發行及於上交所科創板 上市已獲上交所科創板上市委員會批准。 （於中華人民共和國註冊成立的股份有限公司） 茲提述本公司日期為2023年3月6日、2023年3月15日、2023年6月20日及2025年 9月17日的公告及 ...

Core Viewpoint - Baiaosaitu (Beijing) Pharmaceutical Technology Co., Ltd. is set to return to A-share market after successfully passing the listing review by the Shanghai Stock Exchange, marking its A+H listing strategy [1] Group 1: Company Overview - Baiaosaitu, established in 2009, is a preclinical CRO and biotechnology company that provides innovative model animals and preclinical drug development services based on its proprietary gene editing technology [1] - The company has developed a comprehensive platform that includes gene-edited model animal preparation, innovative model animal breeding and supply, preclinical pharmacology and efficacy evaluation, and antibody drug discovery [1] Group 2: Business Achievements - As of the reporting period, Baiaosaitu has completed over 5,100 customized gene editing projects and developed more than 3,500 types of RenMice and other gene-edited animals and cell line models [2] - The company has established partnerships with numerous renowned biotech and pharmaceutical companies for antibody drug discovery, leveraging its RenMice platform and "thousands of mice, ten thousand antibodies" approach [2] Group 3: Financial Performance - From 2022 to 2024, Baiaosaitu's revenue is projected to be 534 million yuan, 717 million yuan, and 980 million yuan, with a compound annual growth rate of 35.56% [3] - The net profit for the same period is expected to be -602 million yuan, -383 million yuan, and 33.54 million yuan, indicating a turnaround to profitability in 2024 [3] Group 4: IPO and Fundraising - Baiaosaitu plans to raise 1.185 billion yuan through its IPO, which will be directed towards enhancing its existing business and core technologies [3] - The fundraising will support projects aimed at expanding the production capacity of model animals, improving early drug discovery capabilities, and enriching the preclinical research pipeline [3]

在上市委会议上，上市委要求百奥赛图结合全人源抗体小鼠平台的技术先进性，抗体开发业务的市场空 间，研发投入产出情况，从项目测试到转让/授权/合作开发的首付款、里程碑款、药物上市销售分成的 商业模式及目前收入实现情况等，说明抗体开发业务的商业模式稳定性和未来盈利能力。 此外，上市委要求百奥赛图说明若公司本次A股发行上市、实控人减持H股股份，是否影响公司控制权 的稳定性。 北京商报讯（记者 丁宁）上交所官网显示，百奥赛图（北京）医药科技股份有限公司（以下简称"百奥 赛图"）科创板IPO上会获通过。 ...

Core Insights - The article emphasizes the significant opportunities in the biopharmaceutical industry driven by national policies promoting high-quality development and innovation in drug research and development [1][4]. Company Overview - BaiO Saite, established in 2009, focuses on two critical aspects of new drug development: humanized animal models and the acquisition of fully human antibody molecules [1][2]. - The company has developed over 4,390 gene-edited animal models, including more than 1,100 high-tech humanized models, making it the largest repository of humanized mouse models globally [2]. Innovation and Technology - BaiO Saite's human antibody RenMab mouse platform, launched in 2019, allows for the rapid selection of antibodies, significantly shortening the drug discovery cycle and reducing research risks [3]. - The company has a "shelf" of over one million antibody sequences available for drug companies, enhancing the efficiency of the drug development process [3]. Financial Performance - In the first half of 2025, the company's revenue reached 621 million yuan, reflecting a year-on-year growth of over 50% [3]. - Research and development expenditures amounted to 209 million yuan, accounting for nearly one-third of total revenue, indicating a strong commitment to innovation [3]. Strategic Partnerships - BaiO Saite has established collaborations with major international pharmaceutical companies such as Merck, Johnson & Johnson, and Gilead, showcasing its technological recognition and competitive edge [3]. Regional Support - The development of BaiO Saite is supported by the Daxing District's favorable policy environment and industrial ecosystem, which fosters innovation and talent development [4]. - The district aims to become a hub for the life and health industry, with BaiO Saite as a representative of this initiative [5]. Future Outlook - The company is positioned to continue its growth and innovation in the biopharmaceutical sector, contributing to China's global presence in drug development [6].