Hangzhou Tigermed amends rules governing management of controlling subsidiaries

• Hangzhou Tigermed issued a revised management bylaw for controlling subsidiaries, strengthening group oversight, reporting, internal controls, audits, finance, HR.
• Policy defines a controlling subsidiary as >50% owned, board-controlled, or effectively controlled via agreements or other arrangements.
• Subsidiaries must align strategy with the parent, follow unified accounting policies, submit regular operating reports, accept audits, implement corrective actions.
• Material events at subsidiaries are treated as company-level events, triggering same-day reporting to the board secretary for disclosure assessment.
• Bylaw takes effect upon board review, dated Aug. 29, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hangzhou Tigermed Consulting Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12306452), on August 28, 2026, and is solely responsible for the information contained therein.