Beginning of the New Year Vientiane Update, we sent away an unforgettable 2016 with excellent performance. In the past year, everyone used sweat and hard work in exchange for pleasing fruitful results, and made great progress in production quality, sales market, R&D support and other operational aspects. Here, I would like to express my most heartfelt gratitude to all the employees of Hongqi, for your hard work.

2017 is destined to be a crucial year in the development of Red Flag. Faced with the difficulties and pressures of the internal and external environment, growth, efficiency and internationalization are the themes of our annual work. The third phase of the project must be completed and passed GMP certification, while preparing for PQ certification, which poses a huge challenge to the production quality system; consistency evaluation has also reached a critical period; clinical promotion and channel and market capacity building still need to continue to be strongly promoted, finance, HR Operational support systems such as, information, etc. must also undergo business and customer-oriented management upgrades. More importantly, we must introduce high-level talents and train children to lay the human resources foundation for the future development of the company. The current implementation of these major projects is also a good opportunity to encourage internal growth and upgrade.

Hongqi Pharmaceutical is to be an influential international enterprise in the field of anti-tuberculosis drugs. There are many challenges, but with the support of Fosun Pharma and the hard work of the vast staff and management team, Hongqi people will surely resist the pressure and cooperate , Pursue practical results and achieve strategic goals, so that both employees and the company can grow. Hongqi Pharmaceutical must be getting better and better.

As the Spring Festival is approaching, I wish every Hongqi colleague: a happy new year, all the best, good health, and a happy family!

General Manager: Yang Bo

January 27, 2017