Guangdong Zhongsheng Pharmaceutical Co Ltd

The positive rate for COVID-19 tests has recently climbed to 20.3%, driving up market demand for antiviral drugs. Yet physical pharmacies are widely out of stock, with some staff even recommending anti-flu medications such as oseltamivir and baloxavir marboxil. Six domestically developed oral COVID-19 treatments have now been approved in China, including Genuine Biotech’s Jiebeian, Simcere Pharmaceutical’s Xiannuoxin, Junshi Biosciences’ Mindewei, Zonsen Pharmaceutical’s Leruiling, Cosunter’s Taizhongding, and Aisen Pharmaceutical’s Aoweining. However, multiple pharmacies reported that none of these drugs appeared in their inventories. Online platforms, by contrast, all have them available. Data from JD Pharmacy shows that transaction volumes for COVID-19 medications in July rose nearly fourfold month on month. Faced with surging demand, Simcere Pharmaceutical said it has activated an emergency production mechanism. Cosunter noted that sales of Taizhongding have increased and it will broaden hospital coverage. Junshi Biosciences has also launched an emergency plan to ensure supply. Industry insiders point out that earlier regulatory restrictions confined COVID-19 drugs mainly to hospitals and online sales, and they are calling for a reassessment of retail channel controls.

Guangdong ZhongSheng Pharmaceutical Co., Ltd.'s controlling subsidiary, Guangdong ZhongSheng Ruichuang Biotechnology Co., Ltd., has obtained a patent certificate from the Japan Patent Office. The patent is titled "Use of Polypeptide in Preparation of Drug for Treating and/or Preventing Diabetes, Obesity, and Related Diseases," with patent number 7886963. This patent is the core patent for the company's innovative structural polypeptide drug RAY1225 injection, which is under development. RAY1225 injection has dual agonist activity at GLP-1 and GIP receptors and has the potential to be an ultra-long-acting drug administered once every two weeks. The company is currently advancing Phase III clinical trials for obesity or overweight, known as REBUILDING-2, as well as Phase III trials for type 2 diabetes as monotherapy and in combination therapy, named SHINING-2 and SHINING-3. The company stated that obtaining this core patent is beneficial for improving its intellectual property protection system, but it will not have a significant impact on the company's short-term financial condition or operating performance.

A total of 11 stocks received buy ratings from institutions today, with Milkground drawing the most attention, securing two buy rating records. According to statistics from Data Treasure of Securities Times, institutions published a total of 12 buy rating records today, covering 11 stocks. In terms of rating changes, five rating records were first-time coverage by institutions, involving five stocks including BTG Hotels and Sichuan Road and Bridge Group. In market performance, stocks with institutional buy ratings rose by an average of 1.59% today, with five stocks posting gains. CVTE shares hit the daily limit up, while Zhongfu Circuit, ZhongSheng Pharmaceutical, and Giant Network led the gains, rising 10.18%, 3.39%, and 1.14% respectively. BTG Hotels, Sichuan Road and Bridge Group, and Xingtong Shipping saw relatively large declines, falling 2.86%, 2.63%, and 1.42% respectively. In terms of earnings, among the four stocks that disclosed first-half performance forecasts, CVTE is expected to see net profit grow 289.77% year-on-year, the highest increase. Giant Network and Silver Age Technology are expected to see median net profit growth of 170.25% and 88.50% respectively.