Boji Medical Technology Co., Ltd. signed a purchase agreement and announced a private placement of not more than 11,931,818 A shares at an issue price of CNY 7.04 per share for gross proceeds of not more than CNY 84,000,000 on February 14, 2023. The transaction will include participation from individual investor Wang Tingchun for not more than CNY 84,000,000. The securities offered in the transaction will have a hold period of 3 years from the issuance of closing date.

The transaction has been approved in the 24th meeting of the 4th directorate and the 22nd meeting of the 4th supervisory board.