Xinbang Pharmaceutical announced that the company recently received the procuratorial authorities “Notice of Appointment of Defender/Application for Legal Aid at the Stage of Examination and Prosecution” and “Notice of Criminal Suspect's Litigation Rights and Obligations”. In the case of the company's suspected bribery, the procuratorial authorities have received materials transferred by the Supervisory Commission for prosecution. The matter may adversely affect the company's brand reputation, business development and future development. Currently, the case is at the stage of examination and prosecution, and the final outcome is based on legal documents issued by the judicial authorities. The company's control has not changed, and daily operations are normal. The company will cooperate with the relevant authorities in accordance with the law, and entrust defense lawyers to be responsible for litigation matters in this case, continue to monitor the progress of the case and fulfill the obligation to disclose information.

Xinbang Pharmaceutical announced that the company recently received the procuratorial authorities “Notice of Appointment of Defender/Application for Legal Aid at the Stage of Examination and Prosecution” and “Notice of Criminal Suspect's Litigation Rights and Obligations”. In the case of the company's suspected bribery, the procuratorial authorities have received materials transferred by the Supervisory Commission for prosecution. The matter may adversely affect the company's brand reputation, business development and future development. Currently, the case is at the stage of examination and prosecution, and the final outcome is based on legal documents issued by the judicial authorities. The company's control has not changed, and daily operations are normal. The company will cooperate with the relevant authorities in accordance with the law, and entrust defense lawyers to be responsible for litigation matters in this case, continue to monitor the progress of the case and fulfill the obligation to disclose information.