On the morning of October 26, 2018, the signing ceremony for investment cooperation between Nanchang Biotech Medical Technology Co., Ltd. and its subsidiary, Caring Insurance Brokerage Co., Ltd., was grandly held in the conference room on the fourth floor of Biotech Company.

Dr. Fu Jingguo, Vice President of Xi'an Libang Enterprise Investment Co., Ltd., Chairman and CEO of Xi'an Libang Alliance Medical Investment Management Co., Ltd., Mr. Li Zhongzhi, General Manager of Caring Insurance Brokerage Co., Ltd., specially invited guests Mr. Zhang Wenwen, General Manager of Nanchang Renren Medical Technology Co., Ltd., and Mr. Zhu Yongbin, Chairman of Beiote, attended and witnessed the signing ceremony together with the company's senior management and office staff.

At the meeting, Chairman Zhu Yongbin warmly welcomed the arrival of all guests and stated that the strength of Xi'an Lipang Enterprise in the entire medical industry, especially in the anesthesia industry, is evident to all. Through this investment signing, it can greatly enhance the common development of Beiote Medical and Lipang Enterprise in the field of medical anesthesia; At the same time, this investment and equity participation also poses higher challenges to the management and operation of Beiote Company. We hope that Beiote can work together and strive together to achieve a win-win situation for both shareholders and individuals.

Mr. Yang Fengshou, the founder of Xi'an Libang Enterprise, sent a congratulatory message from overseas to congratulate on the successful signing of the contract, and is willing to work hand in hand with Beiote in the anesthesia industry. Mr. Ju Jianbo, President of Xi'an Libang Medical Industry Group Co., Ltd., sent a congratulatory message, expressing his willingness to "jointly build a comprehensive and wide-ranging cooperation system for medical devices, work hand in hand, and ultimately achieve a new win-win situation for both parties". During his speech, General Manager Li of Caring Insurance also expressed his willingness to work together with Beiote to achieve a win-win situation.

This signing of the contract marks a new beginning for the win-win cooperation between our company and Xi'an Libang Medical Industry Group. We look forward to forming a long-term and stable cooperative relationship with Xi'an Libang Medical Industry Group to create a better future together!