Core Viewpoint - Health元药业 Group has decided to extend the duration of its first phase of the long-term partner stockholding plan by 12 months until August 3, 2026, and to change the management method to self-management [1][8][12]. Group 1: Meeting and Resolutions - The 11th meeting of the 9th Board of Directors was held on July 25, 2025, where all nine directors participated, and the resolutions were passed without any objections [1][3]. - The first resolution approved was to extend the duration of the first phase of the stockholding plan by 12 months, allowing for early termination if all shares are sold before the new deadline [1][11]. - The second resolution approved was to change the management of the stockholding plan from Guosen Securities to self-management by the company [4][12]. Group 2: Voting Results - The voting results for the extension of the stockholding plan showed 6 votes in favor, with no votes against or abstentions [3][5]. - The second meeting of the stockholding plan holders also confirmed the extension with 100% approval from the participating holders [13][14]. Group 3: Background and Implementation - The first phase of the stockholding plan was initially approved at the second extraordinary general meeting of shareholders in 2021, with the plan's shares locked for 36 months from August 4, 2021, to August 3, 2024 [9][10]. - As of February 6, 2025, the plan held 2,430,800 shares, representing 0.13% of the company's total share capital [10].

健康元药业集团 第一期中长期事业合伙人持股计划延长存续期及调整管理方式的公告 证券代码：600380 证券简称：健康元 公告编号：临 2025-056 健康元药业集团股份有限公司关于 第一期中长期事业合伙人持股计划延长存续期及调整管理方式的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 健康元药业集团股份有限公司（以下简称：本公司）中长期事业合伙人持股计划 之第一期员工持股计划（以下简称"本期持股计划"）于 2025 年 7 月 25 日召开九届 董事会十一次会议审议通过《关于第一期中长期事业合伙人持股计划延长存续期的议 案》和《关于第一期中长期事业合伙人持股计划调整管理方式的议案》，同意将公司 本期持股计划的存续期延长 12 个月至 2026 年 8 月 3 日止，同意调整公司本期持股计 划管理方式，调整为自行管理。现将本期持股计划相关事项公告如下： 一、本期持股计划的基本情况 本公司于 2021 年 6 月 29 日召开 2021 年第二次临时股东大会，审议并通过《关于 公司<中长期事业合伙人持股计划之第一期持股计划 ...

健康元药业集团 第一期持股计划第二次持有人会议决议公告 证券代码：600380 证券简称：健康元 公告编号：临 2025-057 健康元药业集团股份有限公司 第一期持股计划第二次持有人会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 健康元药业集团股份有限公司（以下简称：公司）中长期事业合伙人第一期持股 计划（以下简称"第一期持股计划"）第二次持有人会议于 2025 年 7 月 25 日以通讯表 决方式召开。本次会议应出席持有人 41 人，实际出席持有人 37 人，代表第一期持股 计划份额 30,071,642 份，占公司第一期持股计划总份额的 96.89%。会议的召集、召开 和表决程序符合公司第一期持股计划的有关规定。会议以记名投票表决方式，审议通 过了以下议案： 审议并通过《关于第一期中长期事业合伙人持股计划延长存续期的议案》 本期持股计划存续期将于 2025 年 8 月 3 日届满，基于对公司未来发展的信心，会 议同意将公司本期持股计划的存续期延长 12 个月，至 2026 年 8 月 3 日止。存续期内 （ ...

健康元药业集团 九届董事会十一次会议 证券代码：600380 证券简称：健康元 公告编号：临 2025-055 健康元药业集团股份有限公司 九届董事会十一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 健康元药业集团股份有限公司（以下简称：本公司）九届董事会十一次会议于 2025 年 7 月 18 日（星期五）以电子邮件并电话确认的形式发出会议通知，并于 2025 年 7 月 25 日（星期五）以通讯表决形式召开。会议应参加董事九人，实际参加董事九人， 公司三名监事会成员、总裁清楚本次会议议案并无任何异议，符合《公司法》及《公 司章程》的规定。会议审议并通过如下议案： 1 / 2 健康元药业集团 九届董事会十一次会议 一、审议并通过《关于第一期中长期事业合伙人持股计划延长存续期的议案》 二、审议并通过《关于第一期中长期事业合伙人持股计划调整管理方式的议案》 公司第一期持股计划存续期将于 2025 年 8 月 3 日届满，基于对公司未来发展的信 心，同意将公司第一期持股计划的存续期延长 12 个月，至 2026 ...

A股减肥药板块短线拉升，丽珠集团涨停，健康元涨超7%，爱美客、博瑞医药涨超6%，翰宇药业、四 川双马跟涨。消息面上，世界卫生组织表示，基于GLP-1疗法治疗成人肥胖症的新指南计划9月份正式 发布。 ...

Market Overview - On July 21, A-shares saw collective gains across major indices, with the Shanghai Composite Index rising by 0.72% to 3559.79 points, the Shenzhen Component Index increasing by 0.86% to 11007.49 points, and the ChiNext Index up by 0.87% to 2296.88 points [2][3] - The total trading volume in the Shanghai and Shenzhen markets reached 172.71 billion yuan, an increase of 133.9 billion yuan from the previous day, with over 4000 stocks rising and more than 120 stocks hitting the daily limit [2] Sector Performance - The leading sectors included engineering machinery, cement and building materials, steel, electric grid equipment, and new urbanization, all showing significant gains [2] - Conversely, sectors such as cross-border payment, banking, education, and photolithography concepts experienced declines [2] International Market - In the U.S. market, the Dow Jones Industrial Average fell by 0.04% to 44323.07 points, while the S&P 500 rose by 0.14% to 6305.60 points, and the Nasdaq Composite increased by 0.38% to 20974.17 points [4][5] - European markets showed mixed results, with the UK FTSE 100 up by 0.23%, the French CAC40 down by 0.31%, and the German DAX up by 0.08% [4][5] - International oil prices declined, with WTI crude oil falling by 0.21% to $67.20 per barrel and Brent crude down by 0.10% to $69.21 per barrel [4] Regulatory Developments - The State Council of China announced the implementation of the "Housing Rental Regulations" effective from September 15, 2025, aimed at standardizing rental activities and promoting high-quality development in the housing rental market [6][7][8] - The regulations emphasize the need for market-driven and government-guided approaches, encouraging the growth of professional rental enterprises and ensuring compliance with safety standards [6][7] Cross-Border Financial Initiatives - The People's Bank of China and other regulatory bodies released the "Implementation Rules for Cross-Border Asset Management Pilot Business" in Hainan, facilitating foreign investment in financial products within the Hainan Free Trade Port [9] - This initiative aims to enrich cross-border financial product offerings and attract asset management institutions to Hainan, supporting the development of the free trade port [9] Consumption Trends - The Chinese consumption market saw robust growth in new consumption models, with online retail sales of physical goods increasing by 6.0% year-on-year, accounting for 24.9% of total retail sales [10] - Notable growth was observed in green consumption, particularly in the new energy vehicle sector, which saw a retail volume increase of 33.3% [10] Energy Consumption - In June, China's total electricity consumption reached 867 billion kWh, marking a year-on-year increase of 5.4% [11] - Cumulative electricity consumption for the first half of the year was 4841.8 billion kWh, up by 3.7% compared to the same period last year [11] Technological Investment - Hangzhou aims to increase its technological innovation investment to 300 billion yuan by 2027, with a focus on enhancing research and development spending [12] Automotive Industry Regulation - Guangdong and Anhui provinces are implementing measures to regulate competition in the automotive industry, focusing on quality management and fair payment practices to combat "price wars" [14][15]

关于重组抗人 IL-17A/F 人源化单克隆抗体 健康元药业集团 IL-17A/F 人源化单克隆抗体注射液Ⅲ期临床试验达到主要研究终点的提示性公告 证券代码：600380 证券简称：健康元 公告编号：临 2025-054 健康元药业集团股份有限公司 注射液Ⅲ期临床试验达到主要研究终点的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 健康元药业集团股份有限公司（以下简称：本公司）控股子公司丽珠医药集 团股份有限公司（以下简称：丽珠集团）控股附属公司珠海市丽珠单抗生物技术 有限公司（以下简称：丽珠单抗）与北京鑫康合生物医药科技有限公司联合开发 的"重组抗人 IL-17A/F 人源化单克隆抗体注射液"（以下简称：LZM012 或本品） 的Ⅲ期临床试验达到主要研究终点。现将有关详情公告如下： 一、药品基本情况 药品名称：重组抗人 IL-17A/F 人源化单克隆抗体注射液 英文名/拉丁名：Recombinant anti-human IL-17A/F Humanized Monoclonal Antibody Injecti ...

Core Viewpoint - The phase III clinical trial of LZM012, a recombinant human IL-17A/F humanized monoclonal antibody injection developed by Zhuhai Lizhu Biotech Co., Ltd. and Beijing Xinkanghe Biopharmaceutical Technology Co., Ltd., has achieved its primary endpoint in patients with moderate to severe plaque psoriasis [1] Group 1: Clinical Trial Results - The trial was a multicenter, randomized, double-blind, positive-controlled study comparing LZM012 to the control group, Secukinumab [1] - At week 12, the PASI 100 response rate for LZM012 was 49.5%, compared to 40.2% for Secukinumab, indicating non-inferiority and superiority of LZM012 [1] - The PASI 75 response rate at week 4 was 65.7% for LZM012 versus 50.3% for Secukinumab, demonstrating a faster onset of action for LZM012 [1] - At week 52, the PASI 100 response rates for LZM012 in the 320mg Q4W and 320mg Q8W maintenance treatment groups were 75.9% and 62.6%, respectively, showing sustained benefits for psoriasis patients [1] Group 2: Safety and Regulatory Progress - The overall safety profile of LZM012 was good, with the incidence of common adverse events comparable to that of the control group [1] - Lizhu Group has submitted a communication application to the National Medical Products Administration (NMPA) for the marketing authorization of LZM012 for the treatment of adult patients with moderate to severe plaque psoriasis, advancing the drug's approval process [1]

Core Viewpoint - The recent surge in the Hong Kong innovative drug sector, particularly the rise of companies like Health元, indicates a potential value reassessment in the market, especially in the inhalation drug segment, which is gaining renewed attention due to major acquisitions like Merck's purchase of Verona Pharma [1][2]. Group 1: Market Trends - The Hong Kong innovative drug sector has seen a significant increase, with the Shanghai Innovative Drug Index rising over 50% since April, marking it as one of the strongest themes of the year [1]. - Health元's stock price has only increased by about 20%, suggesting a potential undervaluation compared to its peers [1]. Group 2: Company Strategy - Health元 has strategically focused on the inhalation drug market, developing a comprehensive respiratory portfolio that includes PDE4 inhalation agents targeting mild to moderate COPD patients [2]. - The company has established a leading position in the inhalation drug space, with a pipeline that includes PDE4 inhalation agents, oral PREP inhibitors, and next-generation ICS inhalers, providing a robust solution for COPD treatment [2]. Group 3: Partnerships and Innovations - Health元 has partnered with Tsinghua University to gain exclusive rights to BRII-693, a new drug targeting drug-resistant infections, addressing a significant clinical need in China [3]. - The company is also advancing in the monoclonal antibody space, with products targeting IL-17A and PD-1 entering late-stage clinical trials, focusing on autoimmune diseases and cancer treatment [3]. Group 4: Policy Environment - The innovative drug sector is benefiting from favorable policies, with the National Healthcare Security Administration excluding innovative drugs from the latest procurement, alleviating profit margin concerns [4]. - The introduction of a commercial insurance support system for high-value drugs not included in basic medical insurance is expected to enhance payment pathways for innovative drugs [4]. Group 5: Investment Perspective - The market is shifting its preference towards platform and integrated companies rather than single-product firms, as these companies can leverage their pipeline and operational synergies for sustained cash flow and growth [5]. - Health元's current stock price remains below the average increase of most innovative drug indices, indicating that the market may be underestimating its dual identity as a leader in inhalation and integration [5].

Market Overview - A-shares maintained a narrow fluctuation on July 16, with the Shanghai Composite Index closing at 3503.78 points, down 0.03% [1] - The Shenzhen Component Index and the ChiNext Index both fell by 0.22% to 10720.81 points and 2230.19 points, respectively [1] - The total trading volume in the Shanghai and Shenzhen markets was 146.19 billion yuan, a decrease of over 170 billion yuan from the previous day [1] Sector Performance - Financial stocks collectively declined, while the steel, non-ferrous metals, and coal sectors showed weakness [1] - The automotive supply chain stocks surged, with companies like Rongtai Co., Fuda Co., and Zhejiang Rongtai hitting the daily limit [1] - The innovative drug concept saw significant activity, with stocks like Guosheng Tang and Iwu Biotech rising approximately 16% [5][6] - The humanoid robot concept remained hot, with companies like Shangwei New Materials achieving a six-day limit increase [2][4] Notable Company Movements - Huadian New Energy, which debuted on the Shanghai main board, closed up 125.8%, reaching a market value of over 300 billion yuan at one point [1] - Weiyali, a Hong Kong-based electronic component distributor, saw its stock surge by 288% upon resuming trading, with an intraday increase exceeding 900% [1] Humanoid Robot Sector Insights - The humanoid robot industry is in its early stages, with significant growth expected in the next 3 to 5 years across various applications [4] - The current phase is described as the "dawn" of humanoid robot industrialization, with mass production and large-scale application becoming feasible [4] - Cost reduction is crucial for the widespread adoption of humanoid robots, and companies that master core component technologies are recommended for investment [4] Innovative Drug Sector Insights - The innovative drug sector experienced strong gains, with several companies hitting the daily limit [5][6] - The recent launch of the 11th batch of national drug centralized procurement is expected to impact the market, focusing on mature "old drugs" rather than innovative drugs [7] - The introduction of measures to support the high-quality development of innovative drugs indicates a growing role for commercial insurance in the healthcare system [7] Pet Economy Sector Insights - The pet economy concept gained traction, with companies like Weike Technology rising over 10% [8] - The pet food sector is viewed as a growing market with significant long-term growth potential, particularly for domestic brands [8]