The board of directors of SSY Group Limited announced that the Group has obtained the approvals for drug production and registration for Cefuroxime Axetil for Suspension (0.25g and 0.125g) from National Medical Products Administration of China, being under type 3 chemical drug and regarded as passing the consistency evaluation, with 0.25g specification being the first and 0.125g specification being the second of such approvals for the PRC entities. Cefuroxime Axetil for Suspension is mainly used in the treatment of infectious diseases caused by susceptible bacteria. In addition, the Board announced that the Group has obtained the approvals for drug production and registration for Lidocaine Hydrochloride Injection (20ml:0.4g, 10ml:0.2g and 5ml:0.1g) from the NMPA, being under type 3 chemical drug and regarded as passing the consistency evaluation.

As stated in the Company's announcement dated 23 January 2024, the Group's Lidocaine Hydrochloride bulk drug has obtained the approval for registration from the NMPA to become a bulk drug for the preparations on the market. Lidocaine Hydrochloride Injection is a local anesthesia and antiarrhythmic drug which is mainly used in infiltration anesthesia, epidural anesthesia, surface anesthesia and nerve conduction block.