v3.26.1
Corporate and Group Information
 12 Months Ended
Dec. 31, 2025
Corporate and Group Information [Abstract]  
CORPORATE AND GROUP INFORMATION
1.CORPORATE AND GROUP INFORMATION

 

The Company is a limited liability company incorporated in the Cayman Islands on November 17, 2017. The registered office of the Company is located at the office of Walkers Corporate Limited, with the registered address of 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands.

 

The Company is an investment holding company. The Company became the holding company of the subsidiaries upon completion of the reorganization in July 2018. The Company is a global biopharmaceutical company engaged in discovering, developing and commercializing therapies to address global medical needs primarily in hematological malignancies.

 

In October 2019, the Company completed its Hong Kong initial public offering with the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”). In January 2025, the Company completed its U.S. initial public offering with the NASDAQ.

 

Particulars of the Company’s principal subsidiaries are as follows:

 

    Place and date of incorporation/ registration and   Nominal value of issued/registered   Percentage of equity interests attributable to the Company     Principal
Company name   place of business   share capital   Direct   Indirect     business
Suzhou Ascentage Pharma Co., Ltd.*@
(“Suzhou Yasheng”)		   PRC/Chinese
mainland
June 1, 2016		   RMB     2,000,000   -     100 %   Medical research and development
                               
Guangzhou Healthquest Pharma Co., Ltd.*@
(“Healthquest Pharma”)		   PRC/Chinese
mainland
July 3, 2012		   RMB     150,000   -     100 %   Clinical development and sale of products
                               
Ascentage Pharma Group Inc.   United States of America
(“United States”)
November 4, 2015		   US$     0.015   -     100 %   Clinical trials
                               
Suzhou Shenghe Innovation Works Biotech Co., Ltd.*@   PRC/Chinese
mainland
September 21, 2022		   RMB     500   -     100 %   Rental of buildings to group companies

 

*The English names of the companies registered in the PRC represent the best efforts made by the management of the Company in directly translating the Chinese names of these companies as no English names have been registered.

 

@These entities are limited liability companies established in the PRC.