Zhitong Financial APP, 001367.SZ issued a notice, according to the relevant documents of Dongyang Municipal Government, in order to promote the strategic development of Zhejiang Haisen Pharmaceutical Co., Ltd., the company ("Party B") and Zhejiang Dongyang Economic Development Zone Management Committee ("Party A") signed the "letter of intent" on September 18, 2023. The company plans to invest in the construction of "Hessen Pharmaceutical New Factory Construction Project" in Dongyang Economic Development Zone. This time, Party B intends to invest 3 billion yuan to invest in the construction project of the new factory area of Hesen Pharmaceutical Co., Ltd., with a total land area of about 400mu, which is of the nature of three types of industrial land and will be supplied in two phases.

The agreement is the framework and intentional agreement of the basic principles of cooperation between the two sides, and there is uncertainty in the implementation and implementation of the intention agreement. This investment project shall be subject to the formal record of the follow-up project. The company will adjust the specific content of the investment project according to the actual development and operation situation, and the relevant projects still need to go through the pre-examination and approval procedures of relevant government departments, such as project filing, land, environmental assessment, energy assessment, etc., whether the pre-examination and approval procedures can be successfully completed and the construction time of the project is uncertain.