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Leaders from the Jiangxi Provincial Local Financial Supervision Bureau and Jiangxi Provincial Securities Regulatory Bureau visited Jiangsheng for inspection and research.

Published:

2023-02-14

On the afternoon of February 9, Jiangxi Provincial Local Financial Supervision Bureau Wan Liangshun Deputy Director, Deputy Director Hong Man of Jiangxi Securities Regulatory Bureau, and Deng Shubin, first-level inspector of Ji'an Municipal Government, led a delegation to visit and investigate our company, accompanied by some leaders from the Municipal Financial Office and Jingkai District. Our general manager and the management team warmly received them.

During the inspection and research, Deputy Director Wan Liangshun and his team held a discussion with the management team of Jiangsheng. At the meeting, General Manager Yao Xiaodong warmly welcomed the leaders; then he reported to the leaders on the company's development history, current status, market sales, industrial layout, independent innovation, R&D achievements, and recent operating conditions, and gave a detailed introduction on the company's current IPO preparation progress and next steps.

After carefully listening to General Manager Yao Xiaodong's report, the leaders fully affirmed our company's development in recent years and gave guidance speeches on our IPO preparation work:

( Speech by Deng Shubin, first-level inspector of the Municipal Government )

Municipal Government First-level inspector Deng Shubin stated: In General Manager Yao's report, he saw Jiangxi Sheng's confidence and determination to go public. Jiangsheng, as a company with core competitiveness and core value, has the potential to be a listed company in terms of technology, team, and corporate strength. He expressed full confidence in our company's successful listing. He urged us to strengthen communication and exchanges with securities firms, properly resolve related issues encountered during the listing process, and use the IPO preparation as an opportunity to further improve the company's management, laying a foundation for better promotion of the company's development foundation.

( Speech by Deputy Director Hong Man of Jiangxi Securities Regulatory Bureau )

Deputy Director Hong Man inquired in detail about the practical difficulties encountered during our IPO preparation. She stated that Jiangxi Sheng, as a model enterprise in Jiangxi's biopharmaceutical field, is a matter of great concern to the provincial securities regulatory bureau. She encouraged us to further strengthen the company's compliance construction according to IPO requirements, steadily advance and accelerate the listing process. She also stated that the provincial securities regulatory bureau will fully support related services to provide necessary assistance and solve practical difficulties for our IPO.

( Speech by Deputy Director Wan Liangshun of Jiangxi Provincial Local Financial Supervision Bureau )

Deputy Director Wan Liangshun inquired in detail about our IPO approach and cooperation with securities firms, providing many practical and feasible suggestions from a professional perspective. At the same time, she reminded us of some potential risks during the listing process. She hopes our company will seize the development opportunities of the biopharmaceutical industry and use the IPO to further expand and strengthen the Jiangsheng brand!

In addition, other attending leaders also gave guidance and suggestions on our IPO preparation work from a professional perspective, and conducted in-depth analysis and exchanges on the listing conditions and requirements of various securities markets, laying a policy interpretation foundation for us to further clarify the path to listing!

At the end of the meeting, General Manager Yao Xiaodong expressed gratitude on behalf of the company to the provincial, municipal, and district-level leadership departments and all leaders for their long-term care and support for Jiangsheng's operation and development; General Manager Yao stated that today's meeting helped us further clarify our thinking and strengthened our confidence in the IPO. Our company will follow the leaders' instructions, solidly carry out all preparation work, accelerate the listing process, and achieve an early listing!

The Municipal Human Resources and Social Security Bureau visited our company to conduct research on the construction of the Postdoctoral Innovation Practice Base.

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