On 21 May 2024, Conshino Bio signed two structured deposit agreements with Bohai Bank for the purchase of structured deposits totaling RMB160 million in principal. The transaction, calculated on a consolidated basis under section 14.22 of the Listing Rules, constitutes a disclosable transaction with a maximum applicable percentage of more than 5% but less than 25%. Conchino Bio stated that the funds for this purchase of structured deposits were part of the redemption of the maturing structured deposits and the Company's own funds, without using the funds raised in the initial public offering of H shares. The structured deposit is expected to have a maximum annualized yield of 2.7% and will operate from 23 May to 26 August 2024. The Board considers that the terms of the transaction are fair and reasonable and will help enhance the Company's overall return on capital.

On 21 May 2024, Conshino Bio signed two structured deposit agreements with Bohai Bank for the purchase of structured deposits totaling RMB160 million in principal. The transaction, calculated on a consolidated basis under section 14.22 of the Listing Rules, constitutes a disclosable transaction with a maximum applicable percentage of more than 5% but less than 25%. Conchino Bio stated that the funds for this purchase of structured deposits were part of the redemption of the maturing structured deposits and the Company's own funds, without using the funds raised in the initial public offering of H shares. The structured deposit is expected to have a maximum annualized yield of 2.7% and will operate from 23 May to 26 August 2024. The Board considers that the terms of the transaction are fair and reasonable and will help enhance the Company's overall return on capital.