Kangtai Medical announced that the fourth meeting of the 5th board of directors of the company reviewed and passed the bill and agreed to establish Kangtai Medical Systems Co., Ltd., the head of the branch was Wang Shuzhi, and the company's management was also authorized to handle the registration of the establishment of the branch. The establishment of a branch is within the competence of the board of directors, does not require submission to the shareholders' meeting for consideration, does not constitute a major asset restructuring or related transaction, still requires approval from the local market supervision and administration department, and will not have a significant adverse impact on the company's financial and operating conditions.

Kangtai Medical announced that the fourth meeting of the 5th board of directors of the company reviewed and passed the bill and agreed to establish Kangtai Medical Systems Co., Ltd., the head of the branch was Wang Shuzhi, and the company's management was also authorized to handle the registration of the establishment of the branch. The establishment of a branch is within the competence of the board of directors, does not require submission to the shareholders' meeting for consideration, does not constitute a major asset restructuring or related transaction, still requires approval from the local market supervision and administration department, and will not have a significant adverse impact on the company's financial and operating conditions.