Chengdu Olymvax Biopharmaceuticals Inc (688319.SH) has to pay approximately 4.2 million yuan in back taxes.

Chengdu Olymvax Biopharmaceuticals Inc (688319.SH) announced that the company recently conducted a self-examination of its tax-related matters in cooperation with the tax authorities. As a result of the self-examination, the company has identified a total of approximately 4.2 million yuan in prepayment of corporate income tax. As of the date of the announcement, the company has already made the payment and the tax authorities have not imposed any penalties. Currently, the related matters are still in the process of communication and handling, and the final amount will be further determined by the tax authorities.