About NEW RAY MEDIC Company

We are a large-scale pharmaceutical distributor originally founded in Zhejiang Province, headquartered in Hangzhou City, Zhejiang Province. We are mainly engaged in pharmaceutical distribution business in China (with a focus on Zhejiang Province). We are mainly a provincial distributor, and also a national distributor for some of our products. We are engaged in pharmaceutical distribution business from the stage of obtaining product distribution rights from suppliers, market research and development of new products, assisting and cooperating with our suppliers in centralized bidding, purchasing, procurement, sales and marketing, storage and shipping of products to our distributor customers. Most of our products will instead be distributed by our distributor customers under exclusive regional terms to end customers, mainly hospitals and medical institutions throughout China. All pharmaceutical products distributed by the Group are generic pharmaceutical products. In order to strengthen our position and become one of the leading distributors of pharmaceutical products in Zhejiang Province, we plan to implement the following business goals and strategies: Continued expansion through the acquisition of new exclusive distribution rights; and Continue to consolidate and expand our market share, distribution network and marketing efforts.