The Board of Beijing Tong Ren Tang Chinese Medicine Company Limited announced that, on 13 May 2020, the Company and Tong Ren Tang Technologies entered into the TRT Tech PRC Distribution Framework Agreement, pursuant to which, Tong Ren Tang Technologies Group, as a non-exclusive distributor of the Group, would purchase the Relevant Products from the Group and then sell the same to, among others, distributors, retailers or end users in the PRC or for the purpose of production for a period from 13 May 2020 to 31 December 2022.