香港交易及結算所有限公司和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依賴 該等內容而引致的任何損失承擔任何責任。 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 茲載列上海醫藥集團股份有限公司（「本公司」）在上海證券交易所網站(http://www.sse.com.cn) 刊登的《上海醫藥集團股份有限公司關於溫經湯顆粒獲得批准生產的公告》僅供參閱。 承董事會命 上海醫藥集團股份有限公司 楊秋華 董事長 上 海 醫 藥 集 團 股 份 有 限 公 司 Shanghai Pharmaceuticals Holding Co., Ltd. * （於中華人民共和國註冊成立的股份有限公司） （股份代碼：02607） 海外監管公告 证券代码：601607 证券简称：上海医药 公告编号：临2025-055 上海医药集团股份有限公司 中國上海，2025 年 5 月 15 日 关于温经汤颗粒获得批准生产的公告 於本公告日期，本公司的執行董事為楊秋華先生、沈波先生、李永忠先生及董明 先生；非執行董事為張文學 ...

Group 1 - The core point of the announcement is that Shanghai Pharmaceuticals has received approval from the National Medical Products Administration for the production of its product, Wengjing Decoction Granules [1][2] - The product is classified as a traditional Chinese medicine and is registered under category 3.1, with a specification of 20g per bag [1] - The formulation of Wengjing Decoction Granules is derived from a historical text and is indicated for treating menstrual irregularities and abdominal pain in women [1] Group 2 - The company has invested approximately RMB 4.69 million in the research and development of this product [1] - The approval is expected to enhance the market competitiveness of the company and provide valuable experience for future research and registration of traditional Chinese medicine compound preparations [2] - As of the announcement date, there are no procurement data available for this product in Chinese hospitals for 2024 according to the IQVIA database [2]

近日，上海医药集团股份有限公司（以下简称"上海医药"或"公司"）下 属上海医药集团青岛国风药业股份有限公司（以下简称"上药国风"）的温经汤 颗粒（规格：每袋相当于饮片 20g；以下简称"该药品"）收到国家药品监督管 理局（以下简称"国家药监局"）颁发的《药品注册证书》（证书编号：2025S01230）， 该药品获得批准生产。 证券代码：601607 证券简称：上海医药 公告编号：临2025-055 上海医药集团股份有限公司 关于温经汤颗粒获得批准生产的公告 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个别及连带责任。 温经汤颗粒处方来源于宋•陈自明《妇人大全良方》，并已列入《古代经典 名方目录（第一批）》。该药品温经补虚，化瘀止痛。用于血海虚寒，气血凝滞 证。症见妇人月经不调，脐腹作痛，脉沉紧。2024 年 7 月上药国风就该药品向 国家药监局提出注册上市申请，并获受理。截至本公告日，公司针对该药品已投 入研发费用约人民币 469 万元。 一、该药品基本情况 经查询国家药监局网站，截至本公告日，中国境内该药品已获批厂家为华润 1 三九 ...

Core Viewpoint - Shanghai Pharmaceuticals (601607) announced that its subsidiary, Shanghai Guofeng, received a drug registration certificate from the National Medical Products Administration for its product, Wengjing Decoction Granules, which is indicated for blood deficiency and stagnation [1] Group 1 - The product Wengjing Decoction Granules is designed to supplement deficiency, resolve stasis, and alleviate pain, specifically for conditions related to blood deficiency and qi stagnation [1] - The registration application for the product was submitted in July 2024 and has been accepted [1] - The company has invested approximately RMB 4.69 million in research and development for this product as of the announcement date [1] Group 2 - China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. is currently the approved manufacturer for this product [1]

今日焦点中国中车：近期签订合计547.4亿元重大合同 中国中车公告称，公司及下属企业于近期（主要为2024年12月至2025年5月）签订了若干项重大合同， 合计金额约547.4亿元人民币。主要合同包括城市轨道车辆、设备销售及维保合同，动车组销售合同， 动车组高级修合同，风电设备销售合同和储能设备销售合同，机车销售合同以及货车修理合同。上述合 同总金额约占公司中国会计准则下2024年营业收入的22.2%。 阳光诺和：拟购买朗研生命100%股权，股票明日复牌 南方财经5月12日电，阳光诺和(688621.SH)公告称，公司拟通过发行股份及可转换公司债券购买资产并 募集配套资金，购买利虔、朗颐投资等38名朗研生命股东持有的朗研生命100%股权。并向不超过35名 特定投资者发行股份募集配套资金。朗研生命专注于高端化学药及原料药的研发、生产和销售，并对外 提供药品生产服务，在高端化学药、原料药等领域深耕多年，已经形成了较为成熟的医药生产体系。公 司股票将于5月13日开市起复牌。 沃尔核材：筹划发行H股股票并申请在香港联交所主板上市 沃尔核材公告称，公司拟发行H股股票并申请在香港联交所主板挂牌上市，以推进国际化战略，提升 ...

Group 1 - Aikolan's controlling shareholder Liu Yi terminated the share transfer agreement for 4 million shares, which represents 5% of the company's total share capital, with no change in control [1] - Wancheng Group announced a cash dividend of 4.00 yuan per 10 shares, totaling 71.9959 million yuan, with the record date on May 19, 2025 [1] - Wanda Film plans to invest in Lezi Tiancheng and engage in strategic cooperation, acquiring a total of 7% equity in the company [2] Group 2 - China Resources Double Crane's subsidiaries received approval for two drugs, indicating progress in their product pipeline [3] - Fosun Pharma's subsidiary's drug was included in the breakthrough therapy program, highlighting its innovative potential [4] - Zhongheng Group's subsidiary received approval for naloxone injection, enhancing its product offerings [5] Group 3 - Shenzhen Airport reported a passenger throughput of 5.3202 million in April, a year-on-year increase of 23.50% [8] - Hangzhou Bank successfully issued 5 billion yuan in technology innovation bonds, aimed at supporting tech innovation [10] - Jiuzhou Pharmaceutical received approval for a raw material drug used in treating severe depression, expanding its product range [12] Group 4 - Aihua Group reported a 25.38% decline in revenue for the first four months of the year, indicating potential challenges [27] - Changhua Group received a project designation notice from a well-known new energy vehicle company, with an expected total sales amount of approximately 108 million yuan [28] - Nanchao Food reported a slight revenue decrease of 0.98% in April, reflecting market conditions [30]

香港交易及結算所有限公司和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依賴 該等內容而引致的任何損失承擔任何責任。 上 海 醫 藥 集 團 股 份 有 限 公 司 Shanghai Pharmaceuticals Holding Co., Ltd. * （於中華人民共和國註冊成立的股份有限公司） （股份代碼：02607） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 茲載列上海醫藥集團股份有限公司（「本公司」）在上海證券交易所網站(http://www.sse.com.cn) 刊登的《上海醫藥集團股份有限公司關於維立西呱原料藥上市申請獲得批准的公告》僅供參 閱。 承董事會命 上海醫藥集團股份有限公司 楊秋華 董事長 中國上海，2025 年 5 月 13 日 证券代码：601607 证券简称：上海医药 公告编号：临2025-054 上海医药集团股份有限公司 关于维立西呱原料药上市申请获得批准的公告 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 ...

证券代码：601607 证券简称：上海医药 公告编号：临2025-054 上海医药集团股份有限公司 关于维立西呱原料药上市申请获得批准的公告 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个别及连带责任。 近日，上海医药集团股份有限公司（以下简称"上海医药"或"公司"）下 属控股子公司南通常佑药业科技有限公司（以下简称"南通常佑"）的维立西呱 原料药（以下简称"该药物"）收到国家药品监督管理局（以下简称"国家药监 局"）颁发的《化学原料药上市申请批准通知书》（通知书编号：2025YS00363）， 该药物获得批准生产。 一、该药物基本情况 名称：维立西呱 注册标准编号：YBY64282025 包装规格：5kg/桶 申请事项：境内生产化学原料药上市申请 审批结论：根据《中华人民共和国药品管理法》及有关规定，经审查，本品 符合药品注册的有关要求，批准注册。 截至本公告日，中国境内暂无维立西呱原料药的其他生产厂家。IQVIA 数据 库显示，2024 年全年中国大陆医院采购维立西呱制剂的金额约为人民币 8,421 万元。 三、对上市公司影响及风 ...

上海医药（601607）公告，控股子公司南通常佑的维立西呱原料药获国家药监局颁发的《化学原料药上 市申请批准通知书》，该药物主要适用于近期心力衰竭失代偿的症状性慢性心力衰竭成人患者，旨在降 低住院或急诊静脉利尿剂治疗的风险。维立西呱最早于2021年在美国上市，2023年南通常佑递交技术审 评申请并获受理，近日收到批准通知书。截至公告日，公司已投入研发费用约363万元。2024年全年中 国大陆医院采购维立西呱制剂的金额约为8421万元。该事项不会对公司当期经营业绩产生重大影响。 ...

Investment Rating - The industry investment rating is "Positive" [1] Core Views - The report highlights that the pharmaceutical distribution sector is under pressure but is expected to see a recovery in profitability [3][6] - The report emphasizes the importance of new business models such as CSO and health device distribution, which are anticipated to support revenue growth [7] Summary by Sections Market Review - From January 1, 2025, to May 8, 2025, the pharmaceutical distribution index declined by 2.44%, underperforming the pharmaceutical and biotechnology index by 3.73 percentage points [4] - The market capitalization of pharmaceutical distribution in Q1 2025 was 1.5 billion, accounting for 0.05% of the total A-share fund holdings, showing a decrease from the previous quarter [4][20] Financial Analysis - Revenue growth for 2024 is projected at an average of 0.52%, a significant decline of 9.04 percentage points year-on-year. Major companies like China National Pharmaceutical and China Medicine are expected to experience negative growth [5][24] - In Q1 2025, the average revenue growth rate for key companies in pharmaceutical distribution was -0.11%, but this represents an improvement of 1.31 percentage points year-on-year [5][24] - The average net profit growth rate for key companies in Q1 2025 was 4.83%, an increase of 13.95 percentage points compared to the previous year [29][40] - The average gross profit margin for Q1 2025 was 8.33%, down 0.32 percentage points year-on-year, continuing a downward trend influenced by centralized procurement and drug pricing policies [32][40] Investment Recommendations - The report recommends focusing on leading companies in the pharmaceutical distribution sector, particularly those with strong capabilities in hospital payment recovery and innovative distribution channels. Key recommendations include Shanghai Pharmaceuticals, Jiuzhoutong, Baiyang Pharmaceuticals, and Zhongyao Holdings, with a watch on China National Pharmaceutical, Guoyao Holdings, and Liuyao Group [7][55]