A Study to Evaluate the Efficacy, Safety, and Tolerability of ASC30 Tablets in Participants With Type 2 Diabetes Mellitus

This study is testing a new oral medication called ASC30 to see if it safely and effectively lowers blood sugar in people with type 2 diabetes. Participants will take the drug as a tablet over a study period. **You may be eligible if...** - You have been diagnosed with type 2 diabetes - Your HbA1c (a measure of blood sugar control over 3 months) is between 7.0% and 10.5% - Your weight has been stable (less than 5% change) in the last 3 months - Your BMI is 23 or above **You may NOT be eligible if...** - You have type 1 diabetes or a rare form of diabetes - You have had more than one episode of severe low blood sugar (hypoglycemia) - You have poorly controlled high blood pressure - You have active hepatitis or pancreatitis - You have a serious ongoing medical condition that is not well-controlled Talk to your doctor to see if this trial is right for you.