Core Viewpoint - 康方生物's five approved drugs have been successfully included in the latest version of the National Medical Insurance Drug List (2025) in China, which will take effect on January 1, 2026 [1][2] Group 1: Drug Approvals and Indications - 开坦尼 (卡度尼利, PD-1/CTLA-4) has successfully renewed its existing indication for recurrent or metastatic cervical cancer and added new indications for first-line treatment of locally advanced unresectable or metastatic gastric or gastroesophageal junction cancer, as well as first-line treatment for persistent, recurrent, or metastatic cervical cancer [1] - 依达方 (依沃西, PD-1/VEGF) has renewed its existing indication for locally advanced or metastatic non-squamous non-small cell lung cancer (NSCLC) after progression on EGFRTKI treatment and added a new indication for first-line treatment of PD-L1 positive (TPS≥1%) locally advanced or metastatic NSCLC [1] - 安尼可 (派安普利, PD-1) is included for the treatment of second-line and above classical Hodgkin lymphoma, first-line locally advanced or metastatic squamous NSCLC, second-line or above nasopharyngeal carcinoma, and first-line nasopharyngeal carcinoma [2] - 伊喜宁 (伊努西, PCSK9) is included for the treatment of primary hypercholesterolemia and mixed hyperlipidemia, as well as heterozygous familial hypercholesterolemia [2] - 爱达罗 (依若奇, IL-12/IL-23) is included for the treatment of moderate to severe plaque psoriasis [2] Group 2: Company Commitment and Future Plans - The company is dedicated to providing more globally innovative and best-in-class treatment options, continuously improving patient accessibility and affordability [2] - The company aims to deepen its focus in various disease areas and promote the inclusion of more innovative drugs and new indications in the National Medical Insurance Drug List to benefit more patients [2]

Core Viewpoint - The stock of药捷安康-B (02617) surged over 10%, reaching a new high of 78 HKD, driven by its inclusion in the Hong Kong Stock Connect program and the progress of its clinical trials for its core product, Tinengotinib [1] Group 1: Stock Performance -药捷安康-B's stock increased by 10.14%, trading at 69.5 HKD with a transaction volume of 32.81 million HKD [1] Group 2: Market Announcement - The Shanghai Stock Exchange and Shenzhen Stock Exchange announced that药捷安康 has been added to the Hong Kong Stock Connect eligible list, effective from September 8 [1] Group 3: Clinical Development - The company announced the completion of the first patient dosing in an open-label, multicenter Phase II clinical study for its core product, Tinengotinib, in combination with 康方生物科技's 开坦尼 and 依达方 for the treatment of advanced hepatocellular carcinoma [1]

Group 1 - The company reported a revenue of 1.412 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 37.75% [1] - Gross profit reached 1.121 billion RMB, with a year-on-year increase of 18.82% [1] - Research and development expenses amounted to 731 million RMB, reflecting a year-on-year increase of 23.02% [1] Group 2 - Commercial sales revenue was approximately 1.402 billion RMB, a 49.20% increase compared to 939 million RMB in the same period last year, driven by the inclusion of new products in the national medical insurance catalog [1] - The company successfully launched two new products, Yixinning (Inusimab, PCSK9) and Aida Luo (Iroquimab, IL-12/IL-23), contributing to sales growth [1] - The commercial team has expanded to over 1,200 members, focusing on oncology and specialty drugs, enhancing the company's commercial capabilities [1] Group 3 - The company currently has over 50 innovative projects in development across oncology, autoimmune, and metabolic disease fields [2] - Seven self-developed products have been approved for market, with one product under NMPA review and 12 products in Phase III clinical trials [2] - The company's vision is to become a leading global biopharmaceutical enterprise by focusing on innovative drug development and expanding its commercial footprint [2]