What changed in this filing

/stocks — the workspaceLOADING

Item 2. Properties

2026-02-26 compared with 2025-02-27 · 14 added, 9 removed, 2 unchanged (92% of the section changed)

We lease all of our facilities, other than the following facilities that we own:

our offices and laboratories in Changping, Beijing, our manufacturing facility in Guangzhou, China, and our manufacturing facility and clinical R&D center at the Princeton Innovation Park in Hopewell, New Jersey.

We lease an aggregate of approximately 134,000 square meters of office space at approximately 46 other locations across the U.S., Europe, China, MENA, and South America, in cities such as Cambridge, Massachusetts;

Ridgefield Park, New Jersey;

and Emeryville, San Mateo and San Carlos, California in the U.S.;

Beijing, Shanghai, Suzhou, and Guangzhou in China;

and Basel, Switzerland, primarily for our offices and for our manufacturing facility in Suzhou, China, pursuant to leases with various expiration dates, with the latest expiring in 2031.

We believe that our facilities are currently suitable and sufficient to meet our needs.

We intend to add new facilities or expand existing facilities as we add employees and enter new locations, and we believe that suitable additional or substitute space will be available as needed to accommodate any such expansion of our operations.

We lease all of our facilities, excluding the following owned facilities:

our offices and laboratories in Changping, Beijing;

our manufacturing facility in Guangzhou, China;

our manufacturing facility and CMC laboratories in the Industrial Park of Suzhou;

our offices and laboratories in Zhangjiang, Shanghai;

our innovation center on “Bio-Island” in Guangzhou;

and our manufacturing facility and clinical R&D center at the Princeton Innovation Park in Hopewell, New Jersey.

We lease a total of approximately 130,000 square meters of office space at around 51 other locations across the United States, Europe, China, the Middle East and North Africa (MENA), South Africa, and South America, in cities such as Cambridge, Massachusetts, and San Carlos, California in the United States;

Beijing, Shanghai, Wuhan, and Chengdu in China;

and Basel, Switzerland.

These leased spaces are primarily used for our offices and the manufacturing facility in Suzhou, China, under leases with various expiration dates, the latest of which expires in 2031.

We consider that our current facilities are suitable and sufficient to meet our requirements.

We plan to add new facilities or expand existing ones as we recruit more employees and enter new regions.

Moreover, we believe that appropriate additional or substitute space will be available as necessary to support the expansion of our operations.

Please refer to “Note 7:

1 unchanged sentence

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 2. Properties