Core Points - The article outlines the overseas investment management system of the company, aiming to regulate overseas asset supervision and enhance financial management and risk control capabilities [1][2][3] Group 1: General Principles - Overseas investments should align with the company's development strategy, focusing on core business and enhancing international competitiveness [1] - Compliance with laws and regulations of both China and the investment destination is essential for orderly development [1][2] - Investment scale must match the company's capital strength, financing ability, industry experience, management level, and risk tolerance [2] - Projects must undergo rigorous evaluation to ensure reasonable returns and asset appreciation [2] Group 2: Investment Supervision System - The company must implement a comprehensive reporting system for overseas investments, ensuring timely communication of key information to management [2][4] - Investments listed on the national negative list are strictly prohibited [2] - Investment decision-makers are required to maintain a high level of responsibility and adhere to internal processes [2][4] Group 3: Responsibilities and Authority - The company adopts a "professional management, unified docking" approach for internal management of overseas investment projects [4] - The investment management department is responsible for pre-investment research, implementation, and post-investment evaluation [4][5] - The finance department oversees funding arrangements and financial management of overseas investments [5] Group 4: Pre-Investment Management - The company will explore quality projects through various channels, including market information and internal recommendations [6] - Preliminary analysis of investment opportunities is required before proceeding with investments [6][7] - Due diligence must be conducted to assess the feasibility of the target enterprise [6][7] Group 5: Post-Investment Management - The company will monitor the safety of investment assets and control risks through dynamic data collection and progress tracking [7][8] - Regular evaluations of the invested projects will be conducted to ensure compliance with investment objectives [8] Group 6: Risk Management - Risk management is a critical component of the overseas investment strategy, with a focus on pre-investment risk assessment and monitoring during project implementation [9][10] - The company may consider involving local investors or international institutions to mitigate risks [9] Group 7: Reporting and Disclosure - The company must adhere to information disclosure obligations as per its internal regulations [10] - Invested enterprises are required to establish fixed reporting channels for timely information submission [10]

Group 1 - The company held the 15th meeting of the 10th Supervisory Board on June 13, 2025, with all three supervisors participating in the voting, which complied with relevant regulations [2][4] - The Supervisory Board approved the financial write-off of asset losses, with a total original value of inventory and fixed assets amounting to 1,789,961.56 yuan and an estimated loss of 978,888.18 yuan, impacting the total profit for 2024 by 825,135.58 yuan [3][4] - The financial write-off will not affect the company's profit and loss for the year 2025, as the impact has already been accounted for in previous years [3] Group 2 - The company announced the proposed cancellation of its subsidiary, Guangxi Wuzhou Zhongheng Pharmaceutical (Hong Kong) Co., Ltd., during the 29th meeting of the 10th Board of Directors held on June 13, 2025 [7][12] - The reason for the cancellation is that the subsidiary has not engaged in substantial operations since its establishment, and the company aims to optimize its organizational structure and improve operational efficiency [8] - The cancellation will not involve personnel arrangements and is not expected to have a significant impact on the company's financial and operational status [9] Group 3 - The Board of Directors approved the establishment of the "Overseas Investment Management Measures" and the "Financing Guarantee Management Measures," as well as the revision of the "Financing Management System" [13][15][16] - All resolutions passed with unanimous support from the board members, indicating strong consensus on these governance measures [14][15]