Jingxin Pharmaceutical: Investor Relations Management System (Draft) (Applicable after the issuance and listing of H shares) (Revised in January 2026)
Zhejiang Jingxin Pharmaceutical Co., Ltd.
Investor Relations Management System
(Already reviewed and approved at the third meeting of the company’s ninth board of directors on January 12, 2026)
(draft)
(Applicable after H shares are issued and listed)
Chapter 1 General Provisions
Article 1 In order to further standardize and strengthen the information communication between Zhejiang Jingxin Pharmaceutical Co., Ltd. (hereinafter referred to as the "Company") and investors and potential investors (hereinafter collectively referred to as the "Investors"), promote a positive interactive relationship between the company and investors, improve the company's corporate governance structure, improve the company's integrity and investment value, effectively protect the interests of investors, and maximize the company's value and shareholders' interests. This system is specially formulated in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Stock Listing Rules of the Shenzhen Stock Exchange, the Guidelines for the Management of Investor Relations of Listed Companies, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (hereinafter referred to as the "Listing Rules of the Hong Kong Stock Exchange") and other laws, regulations and normative documents as well as the Articles of Association and in light of the actual situation of the company.
Article 2 Investor relations management refers to the relevant activities in which the company strengthens communication with investors and potential investors by facilitating the exercise of shareholders' rights, information disclosure, interactive communication, and handling of complaints, and enhances investors' understanding and recognition of listed companies, so as to improve the governance level of listed companies and the overall value of the enterprise, and achieve the purpose of respecting investors, rewarding investors, and protecting investors.
Article 3 The company's investor relations management work shall reflect the principles of fairness, impartiality and openness, treat all investors equally, and ensure that all investors have the right to know the corresponding information and other legitimate rights and interests.
Article 4 When conducting investor relations management, companies should pay attention to the confidentiality of undisclosed information and internal information, and avoid and prevent related insider trading due to leaks of secrets. Company directors, officers and employees should refrain from speaking on behalf of the Company at investor relations events unless expressly authorized and trained to do so.
Companies carrying out investor relations management work shall strictly abide by relevant laws, administrative regulations, relevant regulatory rules of the securities regulatory authorities and stock exchanges where the company's stocks are listed, departmental regulations, and normative documents, and shall not release or leak undisclosed material information in any way during investor relations activities.
Chapter 2 Basic Principles and Purposes of Investor Relations Management
Article 5 Basic Principles of Investor Relations Management
(1) Principle of compliance. The investor relations management of listed companies should be carried out on the basis of fulfilling information disclosure obligations in accordance with the law, and in compliance with laws, regulations, rules and normative documents, industry norms and self-discipline rules, internal company rules and regulations, as well as ethics and codes of conduct generally observed by the industry.
(2) The principle of equality. When listed companies carry out investor relations management activities, they should treat all investors equally, especially create opportunities and provide convenience for small and medium-sized investors to participate in activities.
(3) The principle of initiative. Listed companies should proactively carry out investor relations management activities, listen to investors’ opinions and suggestions, and respond to investor demands in a timely manner.
(4) The principle of honesty and trustworthiness. Listed companies should pay attention to integrity, adhere to the bottom line, standardize operations, assume responsibilities in investor relations management activities, and create a healthy and good market ecology.
(5) The principle of high efficiency and low consumption. When choosing investor relations working methods, companies should fully consider improving communication efficiency and reducing communication costs;
(6) Principles of interactive communication. Companies should actively listen to investors’ opinions and suggestions, achieve two-way communication between the company and investors, and form positive interactions.
Article 6 Purpose of Investor Relations Management
(1) Promote a healthy relationship between the company and investors, enhance investors’ understanding and familiarity with the company, and strengthen communication with investors through adequate information disclosure;
(2) Establish a stable and high-quality investor base and obtain long-term market support;
(3) Establish a management philosophy of serving investors and respecting investors;
(4) An investment philosophy that promotes the maximization of the company’s overall interests and the growth of shareholders’ wealth;
(5) Increase the transparency of company information disclosure and continuously improve corporate governance.
Chapter 3 Integrity of Directors and Senior Management
Article 7 Directors and senior managers shall abide by the laws, regulations, securities regulatory rules of the place where the company's shares are listed and the company's articles of association, strictly abide by their public commitments, faithfully perform their obligations of "integrity, diligence, responsibility and prudence", ensure that the company's information disclosure is true, accurate, complete and timely, and wholeheartedly protect the interests of all shareholders and the company.
Article 8 Directors and senior managers shall act in the best interests of the company and all shareholders, exercise their rights within the scope of their duties, and treat all shareholders fairly.
Article 9 Actively participate in relevant training, understand the rights, obligations and responsibilities of directors, master the relevant knowledge and communication skills that directors should possess, be familiar with relevant laws, regulations, business rules and rules and regulations, and establish a sense of fair disclosure.
Article 10 The management and monitoring of relevant websites, blogs, Weibo and other online information of the company and its directors and senior managers shall comply with the following regulations:
(1) Information on the company’s website, blog, and Weibo must be verified by the Office of the Secretary to the Board before being released to the public.
(2) Directors and senior managers of the company must report all their registered blog and Weibo addresses to the Office of the Secretary to the Board. Without permission from the company's Board Secretary Office, the above-mentioned personnel are not allowed to publish information about the company on their blogs or Weibo.
(3) The Office of the Secretary to the Board shall conduct daily monitoring of the above-mentioned websites, blogs, Weibo, etc., and promptly take response measures or issue formal announcements when undisclosed major information is leaked through the above-mentioned informal channels.
Chapter 4: The work objects and work content of investor relations management
Article 11 The working objects of investor relations management:
(1) Investors (including registered investors and potential investors);
(2) Securities analysts and industry analysts;
(3) Financial media, industry media and other communication media;
(4) Regulatory authorities and other relevant government agencies.
Article 12 The content of communication between the company and investors in investor relations management mainly includes:
(1) The company’s development strategy;
(2) Legal information disclosure content;
(3) The company’s operation and management information;
(4) The company’s environmental, social and governance information;
(5) Company culture construction;
(6) Methods, channels and procedures for exercising shareholders’ rights;
(7) Information on handling investor complaints;
(8) Risks and challenges that the company is facing or may face;
(9) Other relevant information of the company.
Before the shareholders' meeting reviews the specific cash dividend plan, the company should proactively communicate with shareholders, especially small and medium-sized shareholders, through multiple channels, fully listen to the opinions and demands of small and medium-sized shareholders, and respond to issues of concern to small and medium-sized shareholders in a timely manner.
Article 13 If the following circumstances exist, the company shall hold an investor briefing in accordance with the regulations of the China Securities Regulatory Commission and the stock exchange where the company’s shares are listed:
(1) The company’s cash dividend level for the current year does not meet relevant regulations, and the reasons need to be explained;
(2) The company terminates its reorganization after disclosing its reorganization plan or reorganization report;
(3) The company's securities transactions experience abnormal fluctuations stipulated in relevant rules, and the company finds after verification that there are undisclosed major events;
(4) Major events related to the company have received high attention or doubts from the market;
(5) Other circumstances when investor briefings should be held.
Article 14 The main responsibilities of investor relations management include:
(1) Formulate an investor relations management system and establish a working mechanism;
(2) Organize investor relations management activities to communicate with investors;
(3) Organize timely and appropriate handling of investor inquiries, complaints, suggestions and other demands, and provide regular feedback to the company's board of directors and management;
(4) Manage, operate and maintain relevant channels and platforms for investor relations management;
(5) Ensure investors exercise their shareholder rights in accordance with the law;
(6) Cooperate and support investor protection agencies in carrying out relevant work to safeguard the legitimate rights and interests of investors;
(7) Statistically analyze the number, composition and changes of the company’s investors;
(8) Carry out other activities that are conducive to improving investor relations.
Article 15 The ways for the company to communicate with investors include but are not limited to:
(1) Announcements, including regular reports and temporary reports;
(2) Shareholders’ meeting;
(3) Company website;
(4) Analyst meetings or briefings;
(5) One-to-one communication;
(6) Telephone consultation;
(7) Advertisements, leaflets or other promotional materials;
(8) Media interviews and reports;
(9) On-site visit;
(10) Roadshow.
Article 16 Information that should be disclosed in accordance with laws, regulations, and the relevant regulatory rules of the securities regulatory authorities and stock exchanges where the company's shares are listed must be published in the company's designated newspapers and designated websites for information disclosure as soon as possible. At the same time, overseas regulatory announcements are published on the HKExDisclosure website and the company website in accordance with the Hong Kong Stock Exchange Listing Rules.
Companies can establish a communication mechanism for major events with investors through the company's official website, the Shenzhen Stock Exchange website and the Shenzhen Stock Exchange investor relations interactive platform (hereinafter referred to as "Interactive"), the Hong Kong Stock Exchange Limited (hereinafter referred to as "Hong Kong Stock Exchange") Easy Disclosure website (hereinafter referred to as "Easy Disclosure"), regularly updated new media platforms, telephone, fax, email, investor education base, etc., through shareholder meetings, investor briefings, road shows, investor surveys, securities analyst surveys, etc.
Article 17 Companies should communicate with investors in a timely, in-depth and extensive manner through a variety of methods as much as possible, and should pay special attention to the use of Internet technology to improve communication efficiency and reduce communication costs. Companies should treat all investors equally, create opportunities for small and medium-sized investors to participate in activities, ensure smooth communication channels, and avoid selective disclosure of information. Before the start of investor relations activities such as performance briefings, analyst meetings, and road shows, companies should determine in advance the scope of questions that can be answered. If the question involves undisclosed material information of the company or it can be inferred that the company has undisclosed material information, the company shall refuse to answer.
Article 18 The company shall conduct appropriate training on investor relations management knowledge for all employees, especially directors, senior managers, department heads, and heads of the company’s holding subsidiaries.
Article 19 A company shall, within two trading days after the end of investor relations activities, prepare an "Investor Relations Activity Record Form" and publish the form and attachments such as presentations and documents provided during the activities (if any) in a timely manner on its Interactive website through the listed company business area of the stock exchange where the company's shares are listed, and at the same time publish it on the company's website.
Companies should establish a complete investor relations management archive system when conducting investor relations activities. They can create an investor relations management database and archive it in electronic or paper form.
The investor relations management file should at least include the following contents:
(1) Participants, time and location of investor relations activities;
(2) Communication content of investor relations activities;
(3) The handling process and accountability for undisclosed major information leaks (if any);
(4) Other contents.
When a company carries out various investor relations management activities, it shall use text, charts, audio and video, etc. to record the activities and communication content and record them in the investor relations management files.
Article 20 The company shall communicate with investors through various channels such as Interactive.com, and designate or authorize the board secretary or securities affairs representative to promptly view and process relevant information on Interactive.com. Companies should provide full, in-depth and detailed analysis, explanation and replies to investors' questions about disclosed information. For important or general questions and answers, the company should organize them and publish them in a prominent manner on the interactive website.
A company's actions such as publishing information on Huoduo.com or responding to investor questions cannot replace its due information disclosure obligations. Companies are not allowed to answer investor questions on Huohui.com that involve or may involve undisclosed material information.
The company's responses to Huayiyi's market hot issues should be prudent, objective, and factually based, and it should not use the Huayiyi platform to cater to market hot spots or affect the company's stock price. Listed companies should pay full attention to the information collected by Huayiyi and other media reports about the company, pay full attention to and perform in accordance with the law the information disclosure obligations triggered or likely to be triggered by the media reports on the company.
According to the relevant provisions of laws, regulations and the "Listing Rules", the information that should be disclosed must be published in the company's designated information disclosure newspapers and websites as soon as possible; the company's information disclosed in other public media must not precede the designated newspapers and designated websites, and other forms such as press releases or reporters' questions may not be used instead of company announcements.
Article 21 The company and its controlling shareholders, actual controllers, directors, senior managers and staff shall not engage in the following situations during investor relations management activities:
(1) Disclose or publish information about major events that have not yet been made public, or information that conflicts with information disclosed in accordance with the law;
(2) Disclose or publish misleading, false or exaggerated information;
(3) Selective disclosure or release of information, or major omissions;
(4) Make predictions or promises about the company’s securities prices;
(5) Speak on behalf of the company without explicit authorization;
(6) Discrimination, contempt and other unfair treatment of small and medium-sized shareholders or unfair disclosure;
(7) Violating public order and good customs and harming social and public interests;
(8) Other violations of information disclosure regulations, or other illegal activities that affect the normal trading of the company's securities and their derivatives.
Article 22 The company may, depending on the circumstances, hold an annual report briefing within fifteen working days after the annual report is disclosed. The company’s chairman (or president), financial director, independent director (at least one), board secretary, and sponsor representative (if any) should attend the briefing. The meeting includes the following contents:
(1) The status, development prospects and existing risks of the industry in which the company operates;
(2) Company development strategy, production operations, use of raised funds, development of new products and new technologies;
(3) The company’s financial status, dividends, operating performance and changing trends;
(4) The company’s difficulties, obstacles, or losses in business, marketing, technology, finance, investment of raised funds, and development prospects;
(5) Other issues of concern to investors.
When a company holds a performance briefing, it should collect questions from investors in advance and focus on the effectiveness of communication and interaction with investors, which can be in the form of video, voice, etc.
If the company plans to hold an annual report briefing, it should issue a notice of holding the annual report briefing at least two trading days in advance. The announcement content includes the date and time, holding method (on-site/online), holding location or website, list of company attendees, etc.
Companies should try their best to avoid accepting on-site investor surveys, media interviews, etc. within 30 days before the disclosure of annual reports and semi-annual reports.
Companies should assume the primary responsibility for handling investor complaints and improve the complaint handling mechanism.
Disputes between companies and investors can be resolved through negotiation on their own, submitted to a professional securities and futures dispute mediation agency for mediation, applied to an arbitration institution for arbitration, or filed with the People's Court.
Companies should actively support and cooperate with investors' exercise of shareholder rights in accordance with the law, as well as investor protection agencies' shareholding exercise, public solicitation of shareholder rights, dispute mediation, representative litigation and other activities to safeguard the legitimate rights and interests of investors.
Chapter 5 Establishment and Staffing of the Investor Relations Management Department
Article 23 The chairman of the board of directors is the first person responsible for investor relations management. The secretary of the board of directors is responsible for organizing and coordinating investor relations management work and is the business manager of the company’s investor relations management affairs. The Office of the Secretary to the Board is the functional department for investor relations management and is responsible for the company’s investor relations management affairs.
Article 24 The Office of the Secretary to the Board is the company’s window to investors and represents the company’s image among investors. Employees engaged in investor relations management should possess the following qualities and skills:
(1) Comprehensively understand the situation of the company and the industry in which the company operates, including all aspects of operation and management such as industry, technology, research and development, marketing, finance, and personnel;
(2) Have a good professional knowledge structure and be familiar with corporate governance, financial accounting and other relevant laws and regulations, the securities regulatory authorities where the company’s stocks are listed, and the operating mechanisms of the securities market;
(3) Be familiar with the securities market and understand various financial products and the operating mechanisms of the securities market;
(4) Good communication and coordination skills;
(5) Good conduct and professionalism, honesty and trustworthiness, strong coordination ability and psychological endurance;
(6) Have strong writing skills and be able to write annual reports, semi-annual reports, quarterly reports and various press releases.
Article 25 On the premise of not affecting the operation and management or leaking commercial secrets, the company's other functional departments, holding subsidiaries and all employees are obliged to assist the Board Secretary Office in implementing investor relations management.
Article 26 The company should adopt various methods to strengthen the relevant knowledge training for investor relations staff to improve their work efficiency and service level.
Chapter 6 Supplementary Provisions
Article 27 Unless otherwise specified, the terms used in this system have the same meaning as those in the Articles of Association.
Article 28 Matters not covered by this system shall be implemented in accordance with relevant laws, regulations and normative documents, the securities regulatory authorities where the company's shares are listed, and the provisions of the Articles of Association. If this system conflicts with the laws, regulations, securities regulatory agencies and normative documents promulgated by the country in the future, the securities regulatory agencies and normative documents of the place where the company's shares are listed, or the "Articles of Association" modified through legal procedures, it shall be implemented in accordance with the relevant national laws, regulations, the securities regulatory agencies and normative documents of the place where the company's shares are listed, and the "Articles of Association", and shall be revised immediately and submitted to the board of directors for review and approval.
Article 29 This system, upon review and approval by the company’s board of directors, will take effect and be implemented on the date the overseas listed shares (H shares) issued by the company are listed on the Hong Kong Stock Exchange. After the implementation of this system, the company's original "Investor Relations Management System" will automatically become invalid.
Article 30 Revisions to this system shall be proposed by the Board of Directors and submitted to the Board of Directors for review and approval. The Board of Directors is responsible for interpreting this system.
Board of Directors of Zhejiang Jingxin Pharmaceutical Co., Ltd.
January 12, 2026