TEXT-EXTRACT 2 filename2.txt September 10, 2024 Dajun Yang Chairman and Chief Executive Officer Ascentage Pharma Group International 68 Xinqing Road Suzhou Industrial Park Suzhou, Jiangsu China Re: Ascentage Pharma Group International Amendment No. 2 to Draft Registration Statement on Form F-1 Submitted August 27, 2024 CIK No. 0002023311 Dear Dajun Yang: We have reviewed your amended draft registration statement and have the following comments. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to this letter and your amended draft registration statement or filed registration statement, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our August 15, 2024, letter. Amendment No. 2 to Draft Registration Statement on Form F-1 submitted August 27, 2024 Prospectus Summary Overview, page 1 1. We note your response to our prior comment 4 and we resissue the comment in part. Please remove the statement that you are engaged in discovering, developing and commercializing both "first- and best-in-class" therapies from the first sentence of the Prospectus Summary, MD&A and Business sections. Given the current stage of development of the company s products, such claim appears speculative and premature. 2. We note your response to our prior comment 5 and the related revisions to your September 10, 2024 Page 2 disclosure. Please further revise your disclosure to specifically name the countries or regions in which regulatory trials are currently taking place. Financial Statements Notes to unaudited interim condensed consolidated financial information, page F-75 3. Please update the notes to your financial statements to disclose your accounting policy for licenses of intellectual property. Please contact Eric Atallah at 202-551-3663 or Angela Connell at 202-551-3426 if you have questions regarding comments on the financial statements and related matters. Please contact Tamika Sheppard at 202-551-8346 or Laura Crotty at 202-551-7614 with any other questions. Sincerely, Division of Corporation Finance Office of Life Sciences cc: David Sharon