Announcement on the Addition and Activation of the Company Name “Wuxi Hycells Biotechnology Co., Ltd.”


Notice on Adjusting the Entity Responsible for Business Acceptance and Activating the New Issuing Entity

 

To All Partners, Customers, and Relevant Organizations:

 

To align with the company’s overall strategic development plan, further optimize resource allocation efficiency, and enhance the quality of integrated services and core competitiveness, we hereby issue the following official notice regarding the unified adjustment of the entity responsible for business undertaking and the entity authorized to issue external official documents:

 

Wuxi Hycells Biotechnology Co., Ltd. is the wholly owned parent company of Shanghai Hycells Biotechnology Co., Ltd. 

It will be comprehensively upgraded into the operations, production, and business hub of the Hycells Bio-system, centrally handling external procurement of products, technical services, project collaborations, and various other business partnerships. Following the restructuring, the two companies will collaborate on undertaking and jointly executing relevant business activities while assuming corresponding responsibilities.

 

This restructuring represents an internal optimization and consolidation of the company’s organizational structure. Wuxi Hycells Biotechnology Co., Ltd. will, in accordance with applicable laws and regulations, fully succeed to all rights, obligations, and legal liabilities of Shanghai Hycells Biotechnology Co., Ltd. within the aforementioned scope of business. All previously executed contracts, agreements, and various commitments shall remain legally valid and enforceable, and we will make every effort to ensure seamless transition and smooth performance of all ongoing collaborations. The company’s core operating team, technical implementation standards, product quality control system, and service philosophy of “customer first, professional and efficient” will all remain unchanged.

 

This organizational restructuring will enable us to allocate resources more efficiently, focus on our core business, and deliver higher-quality, more comprehensive support and services to our partners and customers. We sincerely apologize for any inconvenience the transition may cause and express our heartfelt gratitude for your understanding, trust, and continued support.

 

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