*ST四通：10月24日召开董事会会议

Group 1 - *ST Sihua (SH 603838) held its 11th meeting of the 5th board of directors on October 24, 2025, to discuss the appointment of a vice president [1] - For the year 2024, *ST Sihua's revenue composition is as follows: ceramics industry accounts for 85.89%, zirconium industry accounts for 13.93%, and other businesses account for 0.17% [1] - As of the report date, *ST Sihua has a market capitalization of 2.4 billion yuan [1] Group 2 - The Chinese innovative drug sector has generated $80 billion in overseas licensing deals this year [1] - The secondary market for biomedicine is thriving, while the primary market is facing challenges in fundraising [1]