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Lianhuan Pharmaceutical: LH-1801 project cannot obtain approval for listing in the short term, and there is significant uncertainty about whether it will be approved for listing in the future.
Announcement of abnormal stock trading volatility by Lianhuan Pharmaceutical Co., Ltd. The Company has noticed relevant information in the market regarding the LH-1801 program. In the short term, the LH-1801 program cannot obtain approval for listing. There is significant uncertainty as to whether it can subsequently obtain approval for listing and the specific timeline after approval for listing. LH-1801 is an SGLT-2 inhibitor for the treatment of diabetes. There are currently about 8 products in the market for the treatment of type 2 diabetes. Even if LH-1801 is able to successfully obtain approval for listing in the future, it will still face substantial competition. Investors are kindly reminded to be aware of the risks of secondary-market trading, make rational decisions, and invest prudently.