Luoxin Pharmaceutical: Comparison table of revised articles of association

Luoxin Pharmaceutical Group Co., Ltd.

Comparison table of articles of association amendments

Serial number Content before modification Content after modification

Article 112 The Board of Directors shall exercise the following powers: Article 112 The Board of Directors shall exercise the following powers: Powers:

(1) Convene a shareholders’ meeting and report to the shareholders’ meeting; Report work;

(2) Implement the resolutions of the shareholders’ meeting; (2) Implement the resolutions of the shareholders’ meeting;

(3) Decide on the company’s business plan and investment plan; (3) Decide on the company’s business plan and investment plan; plan;

(4) Formulate the company's profit distribution plan and (4) Formulate the company's profit distribution plan and loss compensation plan; Loss compensation plan;

(5) Formulate plans for the company to increase or decrease its registration (5) Formulate plans for the company to increase or decrease its registered capital, issue corporate bonds or other securities and list capital; issue corporate bonds or other securities and go public; listing plans;

(6) Formulate plans for the company's major acquisitions and acquisitions of the company's stocks, or mergers, divisions, dissolutions, and changes to the company's stocks, or mergers, divisions, dissolutions, and changes to the company's form; plans for the company's form;

(7) Within the scope of authorization of the shareholders' meeting, decide on matters such as the company's external investment, acquisition and sale of assets, asset mortgages, external guarantee matters, entrusted financial management, related party pledges, external guarantee matters, entrusted financial management, related transactions, external donations, etc.;

(8) Decide on the establishment of the company’s internal management organization; (8) Decide on the establishment of the company’s internal management organization;

(9) Decide on the appointment or dismissal of the general manager of the company, the secretary to the board of directors and other senior management personnel, and decide on their remuneration matters, rewards and punishment matters; decide on their remuneration matters, rewards and punishment matters based on the general manager's nomination; decide on the appointment or dismissal of the company's deputy manager's nomination, decide on the appointment or dismissal of the company's general manager, financial controller and other senior management personnel, responsible persons and other senior management personnel, and decide on their remuneration matters, rewards and punishment matters;

(10) Formulate the company’s basic management system; (10) Formulate the company’s basic management system;

(11) Formulate a plan to amend the company's articles of association; (11) Formulate a plan to amend the company's articles of association;

(12) Information disclosure matters of the management company; (12) Information disclosure matters of the management company;

(13) Propose to the shareholders' meeting to hire or change the accounting firm for the company's audit; (13) To the shareholders' meeting to hire or change the accounting firm for the company's audit;

(14) Listen to the work report of the general manager of the company and inspect the work of the general manager; Report and inspect the work of the general manager;

(15) Laws, administrative regulations, department rules (15) Major employment policy adjustments of the company; Chapters or other powers granted by this Articles of Association. (16) Laws, administrative regulations, departmental rules

Matters that exceed the scope of authorization of the shareholders' meeting shall be governed by the charter or other powers granted by these Articles of Association.

Submit to the shareholders' meeting for review. Matters beyond the scope of authorization of the shareholders’ meeting shall be

Matters reviewed and submitted to the board of directors for decision-making by the directors are submitted to the shareholders' meeting for review.

When directors consider matters submitted to the board of directors for decision-making, they should fully collect information and carefully judge whether the matters under consideration and submitted to the board of directors for decision-making involve their own interests and whether they belong to the directors. Terms of reference of the meeting, adequacy of materials, and voting procedures

Is it legal, etc.