Core Viewpoint - The company Xince Standard (SZ 300938) announced a board meeting to discuss the financial implications of selling equity in its subsidiary, indicating strategic financial management and potential restructuring efforts [1] Group 1: Company Financials - For the fiscal year 2024, Xince Standard's revenue composition is as follows: 78.78% from technical services and 21.22% from testing machine manufacturing, highlighting a strong focus on technical services [1] - As of the report date, Xince Standard has a market capitalization of 7.8 billion yuan, reflecting its valuation in the market [1] Group 2: Corporate Governance - The fifth session of the twelfth board meeting was held on November 18, 2025, both in-person and via communication, demonstrating the company's commitment to governance and decision-making processes [1] - The agenda included the proposal regarding the passive financial support resulting from the sale of equity in a subsidiary, indicating ongoing financial strategy discussions [1]

Group 1 - The company Xince Standard (SZ 300938) announced that its 11th meeting of the 5th board of directors was held on October 23, 2025, to review the proposal for the Q3 2025 report [1] - For the year 2024, the revenue composition of Xince Standard is 78.78% from technical services and 21.22% from testing machine manufacturing [1] - As of the report date, Xince Standard has a market capitalization of 6.6 billion yuan [1] Group 2 - The Chinese innovative drug sector has generated $80 billion in overseas licensing deals this year [1] - There is a contrast between the hot secondary market for biomedicine and the cooling fundraising environment in the primary market [1]