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CHINA TRADITIONAL CHINESE MEDICINE HOLDINGS CO. LIMITED 570 5,499,679 4,358,546 26.2% 2,381,202 2,061,341 15.5% 398,742 104,106 283.0% 58,172 8,874 555.5% 8,337,795 6,532,867 27.6% 4,651,582 3,787,680 22.8% EBITDA 2,196,963 1,634,877 34.4% 1,786,453 1,376,783 29.8% 1,311,433 1,086,540 20.7% 1,170,434 966,927 21.0% 26.41 21.73 21.5% 4.96 3.59 38.2% 1

56.4% 55.8% 28.5% 8,337,795,000 6,532,867,000 27.6% 1,170,434,000 966,927,000 21.0% 21.73 26.4121.5% 4.96 3.97 30% 8,600 2

8,600 1,900 Frost & Sullivan40% 44015% GMP 445 GMP219 49% 3

(1) (2) (3) 4

4.43 604,296,222 12.0% 26.74 5

700 60 979 282 26/ 1 GMP48,000 14,300 40,000 10256.5 36.5 6

1. 2026 80,000 25,000 80,000 6 40,000 8 8 14,300 48,000 7

6 54.5% 2. 1052111.8 1.1 136 29 39 2.79 8

3. 10056 4. 6 2020 10,000 2019 2018 2018 4 9

COPD 2018 12 5. 2,541 1,474 721 1,332 1,067 753 52.4% 72.4% 104.4% 3,873 2,541 1,474 10

1,661 950 492 1,007 711 458 60.6% 74.8% 93.1% 2,668 1,661 950 6. 18 8,337,795,000 6,532,867,000 27.6% 1. 5,499,679 4,358,546 26.2% 2,310,722 1,762,653 31.1% 3,188,957 2,595,893 22.8% 58.0% 59.6% -1.6ppt 1,334,901 1,042,022 28.1% 1,034,732 854,043 21.2% 18.8% 19.6% -0.8ppt 11

5,499,679,000 4,358,546,000 26.2% 66.0% (1) (2)(3) 30 (4) (5) 59.6% 1.6 58.0% 1,334,901,000 1,034,732,000 28.1% 21.2% 1,884.39 34.3% 1,553.47 35.6% 330.92 21.3% 1,077.58 19.6% 794.60 18.2% 282.98 35.6% 718.29 13.1% 546.01 12.5% 172.28 31.6% 649.96 11.8% 560.22 12.9% 89.74 16.0% 386.34 7.0% 303.55 7.0% 82.79 27.3% 367.53 6.7% 285.81 6.6% 81.72 28.6% 342.27 6.2% 221.29 5.1% 120.98 54.7% 73.32 1.3% 93.60 2.1% (20.28) (21.7%) 5,499.68 100% 4,358.55 100% 1,141.13 26.2% 78.8%79.2% 30%54.7% 12

2,056.53 37.4% 1,515.03 34.8% 541.50 35.7% 1,584.96 28.8% 1,258.60 28.9% 326.36 25.9% 735.96 13.4% 493.29 11.3% 242.67 49.2% 1,122.23 20.4% 1,091.63 25.0% 30.60 2.8% 5,499.68 100% 4,358.55 100% 1,141.13 26.2% 35.7% 49.2% 25.0% 20.4% 2. 2,381,202 2,061,341 15.5% 1,018,717 891,456 14.3% 1,362,485 1,169,885 16.5% 57.2% 56.8% 0.4ppt 419,318 336,222 24.7% 243,339 233,348 4.3% 10.2% 11.3% -1.1ppt 13

2,381,202,000 2,061,341,000 15.5% 28.6% (1) OTC (2) 1,223.03 51.4% 1,180.07 57.2% 3.6% OTC 457.31 19.2% 356.72 17.3% 28.2% 700.86 29.4% 524.55 25.4% 33.6% 2,381.20 100.0% 2,061.34 100.0% 15.5% OTC (III) 12 14

3. 398,742 104,106 283.0% 320,758 86,238 271.9% 77,984 17,868 336.4% 19.6% 17.2% 2.4ppt 31,368 2,364 1226.9% 33,081 2,975 1012.2% 8.3% 2.9% 5.4ppt 398,742,000 104,106,000 283.0% 4.8% (1) (2) (3) 15

217.45 54.5% 14.37 13.8% 1,413.0% 181.29 45.5% 89.74 86.2% 102.0% 398.74 100.0% 104.11 100.0% 283.0% 19.6%17.2% 2.4 31,368,0001226.9% 33,081,000 1012.2% 4. 58,172 8,874 555.5% 36,016 4,840 644.1% 22,156 4,034 449.2% 38.1% 45.5% -7.4ppt 865-3,825 122.6% 279-3,825 107.3% 0.5% -43.1% 43.6ppt 16

60% 58,172,000 8,874,000 555.5% (1) (2) 37,000 82.0% % % 39.17 67.3% 6.42 72.4% 509.8% 2.03 3.5% 0.77 8.6% 165.0% 16.97 29.2% 1.68 19.0% 910.1% 58.17 100.0% 8.87 100.0% 555.5% 499.3 216.6 255.6 100% 800 17

139.6 164.7 100% 61.4 72.5 100% 81.7 96.4 100% 50 4,000 18

+ OTC 19

GMP 60 (CNAS) + + + 20

21

3 8,337,795 6,532,867 (3,686,213) (2,745,187) 4,651,582 3,787,680 4 119,544 82,363 4,103 (8,010) (2,437,167) (1,968,432) (349,449) (329,986) (202,160) (186,832) 1,786,453 1,376,783 (221,068) (73,423) 1,852 444 6 1,567,237 1,303,804 5 (255,804) (217,264) 1,311,433 1,086,540 674,584 (779,189) (104,605) 1,311,433 981,935 1,170,434 966,927 140,999 119,613 22 1,311,433 1,086,540 1,170,434 862,322 140,999 119,613 8 1,311,433 981,935 26.41 21.73

2,386,927 2,019,036 346,457 334,244 6,840 2,376 9 3,486,372 3,456,353 6,703,786 6,763,921 92,576 88,784 338,894 161,946 139,405 139,716 23 13,501,257 12,966,376 12 3,551,829 1,894,169 10 3,024,076 2,716,250 19,673 10,122 691 591 23,694 2,226 1,050,000 4,787,781 2,373,356 11,384,050 8,070,408 11 3,856,512 2,303,735 638,697 1,001,392 199,678 201,697 4,694,887 3,506,824 6,689,163 4,563,584 20,190,420 17,529,960 145,507 142,630 1,714,698 1,722,917 4,481,958 2,485,604 33,000 422,947 6,375,163 4,774,098 13,815,257 12,755,862 9,809,935 9,809,935 2,626,843 1,778,392 12,436,778 11,588,327 1,378,479 1,167,535 13,815,257 12,755,862

1,567,237 1,303,804 423,389 336,760 (33,017) (2,356) (18,462) 78,368 5,751 1,811 (8,088) 16,008 221,068 73,423 (32,561) (14,590) 892 1,528 (278) (100) 3 16,751 (23,694) (15,546) (54,987) (22,970) (1,852) (444) 2,102,214 1,715,634 (1,622,566) (600,092) (316,891) 155,463 2,226 33,804 1,363,476 364,161 1,528,459 1,668,970 (292,865) (204,330) 1,235,594 1,464,640 24

(108,457) (1,328,209) 10,618 (1,050,000) 1,050,000 (300,000) 400,000 (595,069) (227,972) 1,069 2,400 (26,317) (24,599) (20,263) (7,875) (7,607) 44,972 32,705 357 (204) 32,561 14,590 392,959 (2,500,259) 1,406,322 1,093,957 (2,169,913) (1,758,074) (316,083) (245,148) (162,219) (156,682) (59,450) (21,757) (117) 2,000,000 2,500,000 (12,170) (15,000) 80,218 (257,304) (226,018) 226,018 6,943 785,592 1,127,931 2,414,145 92,312 2,147,338 2,101,856 (31,006) (46,830) 4,530,477 2,147,338 25

1. 288 1601 2. 7 12 12 26

9 1 15 1 16 2 17 4 1 22 2 23 2 1 4 9 4 1 9 2 10 3 28 28 2 28 1 40 1 2 1 2 3 4 3. 2,381,202 2,061,341 5,499,679 4,358,546 398,742 104,106 58,172 8,874 8,337,795 6,532,867 10% 27

(i)(ii) (i) (ii) (iii) (i) (ii) (iii) (iv) (i) EBITDA EBITDA 3(ii) EBITDA 28

2,415,838 5,514,655 490,508 58,172 8,479,173 (34,636) (14,976) (91,766) (141,378) 2,381,202 5,499,679 398,742 58,172 8,337,795 EBITDA 557,082 1,579,672 48,986 11,223 2,196,963 5,624 25,383 1,505 49 32,561 95,993 124,334 672 69 221,068 118,358 275,500 19,122 10,409 423,389 8,009,975 19,229,770 973,948 178,323 28,392,016 3,844,653 7,891,874 552,577 13,647 12,302,751 2,061,341 4,358,789 144,644 8,874 6,573,648 (243) (40,538) (40,781) 2,061,341 4,358,546 104,106 8,874 6,532,867 EBITDA 383,193 1,251,618 3,699 (3,633) 1,634,877 7,953 4,900 1,735 2 14,590 38,719 34,372 332 73,423 112,243 221,257 3,065 195 336,760 6,113,657 14,946,411 830,445 14,266 21,904,779 3,573,177 2,812,688 739,793 3,461 7,129,119 29

(ii) EBITDA 2,196,963 1,634,877 (423,389) (336,760) 32,561 14,590 (221,068) (73,423) 1,162 880 (16,751) 23,694 100 (3) 15,546 54,987 1,852 444 (19,739) (15,482) 1,567,237 1,303,804 28,392,016 21,904,779 (3,669,786) (1,951,873) 24,722,230 19,952,906 691 591 23,694 139,405 139,716 22,981 919,877 24,885,307 21,036,784 12,302,751 7,129,119 (3,669,786) (1,951,873) 8,632,965 5,177,246 199,678 201,697 1,714,698 1,722,917 522,709 1,179,062 11,070,050 8,280,922 30

(iii) 4. i 29,834 64,537 33,017 2,356 32,561 8,155 6,435 ii 22,970 1,162 880 119,544 82,363 (i) (ii) 11(b) 5. 279,443 259,979 9,893 (2,661) 289,336 257,318 (33,532) (39,681) (373) 255,804 217,264 31

6. 4,249 4,924 825,298 692,867 65,233 42,072 890,531 734,939 4,320 4,402 159 137 234,827 182,208 19,673 10,122 168,730 144,293 423,389 336,760 (18,462) 78,368 5,751 1,811 (8,808) 16,008 9,464 6,399 (1,162) (880) 326 131 (836) (749) 7. 4.75 6.44 184,966 245,148 3.59 137,017 321,983 245,148 4.96 219,803,000 32

8. (a) 1,170,434 966,927 (b) 4,431,505 4,450,435 9. 3,341,045 150,308 (35,000) 3,456,353 30,019 3,486,372 3 35,000,000 33

10. 1,871,350 1,899,835 (113,092) (141,325) 1,758,258 1,758,510 984,550 756,966 144,326 101,029 26,317 3,332 3,332 54,983 22,457 78,627 47,639 3,024,076 2,716,250 30 180 90 365 0 90 858,472 856,247 91 180 532,221 483,646 181 365 326,145 392,515 365 41,420 26,102 1,758,258 1,758,510 34

11. 1,782,943 852,330 531,442 279,820 194,429 75,582 a 20,962 11,884 134,345 116,799 126,137 142,414 526,084 316,523 66,500 11,889 36,050 b 18,130 88,110 c 10,000 10,000 2,484 d 407,006 398,384 3,856,512 2,303,735 (a) (b) 88,110,000 47,010,000 22,970,000 18,130,000 (c) 43,000,000 500,000,000 (d) 257,304,000 226,018,000 35

12. 1,189,805 384,032 978,679 706,919 1,383,345 803,218 3,551,829 1,894,169 36

100%60% 8,337,795,0006,532,867,000 27.6% 3,686,213,0002,745,187,000 34.3% 4,651,582,0003,787,680,000 22.8% 55.8%58.0% 2.2 2,310,722,000 1,762,653,000 31.1%3,188,957,0002,595,893,000 22.8% 58.0%59.6% 1.6 1,018,717,000891,456,000 14.3%1,362,485,0001,169,885,000 16.5% 57.2%56.8% 0.4 37

320,758,000 36,016,000 77,984,00022,156,000 19.6% 38.1% 119,544,00082,363,000 45.1% 32,561 14,590 123.2% 62,851 66,893-6.0% 1,162 880 32.0% 22,970 119,544 82,363 45.1% 2,437,167,000 1,968,432,000 1,281,717 921,472 39.1% 380,461 367,133 3.6% 116,498 70,188 66.0% 658,491 609,639 8.0% 2,437,167 1,968,432 23.8% 23.8%29.2% 30.1% 0.9 38

1,603,209,000 1,236,083,000 29.7% 551,609,000 516,818,000 189,518 152,010 24.7% 37,854 32,750 15.6% 122,077 145,226-15.9% 349,449 329,986 5.9% 202,160 186,832 8.2% 551,609 516,818 6.7% 6.7% 6.6%7.9% 1.3 1,786,453,0001,376,783,000 29.8% 21.4%21.1% 0.3 1,334,901,000 110,592,000 1,042,022,000 28.1% 24.3% 23.9% 0.4 419,318,000 336,222,000 24.7%16.3%17.6% 7.9% 1.5% 39

221,068,000 73,423,000 25 20 671,697,0004,481,958,000 1,424,339,0002,485,604,000 4.06% 2.34% 1,852,000 444,000 26.4121.73 21.5% 21.0%1,170,434,000 966,927,000 11,384,050,000 8,070,408,000 4,787,781,000 3,425,582,000 2,226,000 3,024,076,000 2,716,250,000 4,694,887,000 3,506,824,000 6,689,163,000 4,563,584,000 2.4 2.3 34.0% 41.4% 20 3,909,943,000 5,153,655,000 40

671,697,000 1,424,339,000243,824,000 144,479,000 141,409,000 39,028,000 7.3 638,697,00033,000,000 1,001,392,000 422,947,000 627,543,000 255,842,000 161.1% 7.3 124.7 11.7 10,7069,539 4,213 4,201 2,292 890,531,000 734,939,000 41

4.43 604,296,222 12.0%26.74 4.96 3.97 3.59 3.19 42

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