Dawnrays Pharmaceutical (Holdings) Limited was successfully listed on

the main board of the Stock Exchange of Hong Kong on July 11,2003 with stock code 2348.

Suzhou Dawnrays Pharmaceutical Co., Ltd. as a core subsidiary of Dawnrays Pharma, being the first enterprise in Suzhou, as well as the first pharmaceutical enterprise in Jiangsu Province listed on the Main Board of the Stock Exchange of Hong Kong.