Zitong Financial App News$Sihuan Medicine (00460.HK) $In an announcement, the company's board of directors took note of several media articles on May 12, 2022 claiming that the group was negotiating privatization with potential investors and disclosed relevant valuation and privatization pricing information. The Group hereby declares that the above news is not true.

After all reasonable enquiries against the Company, the Board confirms that the above report does not constitute inside information required to be disclosed under part XIVA of the Securities and Futures Ordinance (Cap. 571), nor is the Board aware of any information that must be published to avoid false markets in the Company's securities, or any other inside information.