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On the morning of October 13, 2021, Risen Pharma signed a comprehensive strategic cooperation agreement with the Shanghai Branch of China Merchants Bank. Present at the signing ceremony were Lv Jiasheng, President of Risen Pharma, Zhu Yun, Vice President of Finance, Dr. Zhang Yuhua, Chief Scientific Officer, Xu Guolei, Vice President of Human Resources and Administration, and Li Li, Finance Manager. From the Shanghai Branch of China Merchants Bank, Wang Hanyong, Member of the Party Committee and President of the Corporate Finance Division, Ruan Xiaoyao, Deputy General Manager of the Transaction Banking Department, and Xu Weifeng, General Manager of the Financial Customer Department in Hongkou, attended the signing ceremony.

Important Speech　

Lv Jiasheng, the President of Risen Pharma, introduced the progress of the company's research and development projects and the overall development plan. He had in-depth discussions with Wang Hanyong on the industry development of the biopharmaceutical technology field both domestically and internationally in recent years. Lü Jiasheng expressed gratitude to China Merchants Bank for their support in the early stages of Risen Pharma and expressed confidence in the future cooperation between the two parties.

Wang Hanyong introduced the business situation and strategic deployment of China Merchants Bank in the biopharmaceutical industry. He emphasized the bank's commitment to supporting pharmaceutical companies in developing good medicines and expressed the bank's dedication to fulfilling its social responsibilities. Wang Hanyong stated that China Merchants Bank will deepen its comprehensive cooperation with Runjia Pharmaceuticals, providing high-quality and efficient financial services to support the development of the company.

In accordance with the principles of "honest cooperation, complementary advantages, mutual benefit, and coordinated development," lv Jiasheng and Xu Weifeng respectively represented Risen Pharma and Shanghai Branch of China Merchants Bank to sign the strategic cooperation agreement. According to the agreement, Shanghai Branch of China Merchants Bank will provide a comprehensive credit limit of 1.5 billion yuan to support the rapid development of Risen Pharma's business, promote the integration of production and finance, assist in new drug research and development, and establish a mutually beneficial strategic partnership to jointly promote the high-quality development of the biopharmaceutical industry.