Announcement • May 25
Cabio Biotech (Wuhan) Co., Ltd., Annual General Meeting, Jun 15, 2026 Cabio Biotech (Wuhan) Co., Ltd., Annual General Meeting, Jun 15, 2026, at 14:00 China Standard Time. Location: No. 89, Hi-tech Park 3rd Road, Donghu New Technology Development Zone, Wuhan, Hubei China New Risk • May 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 95% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Reported Earnings • Apr 24
First quarter 2026 earnings released: CN¥0.26 loss per share (vs CN¥0.27 profit in 1Q 2025) First quarter 2026 results: CN¥0.26 loss per share (down from CN¥0.27 profit in 1Q 2025). Revenue: CN¥11.0m (down 93% from 1Q 2025). Net loss: CN¥43.6m (down 197% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.