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Advised Yunnan Baiyao in transferring its equity interest in HK listed companies

Advised Yunnan Baiyao Group Co., Ltd. (“Yunnan Baiyao”, listed on the Shenzhen Stock Exchange, Stock Code: 000538.SZ) in transferring its equity interest in Ban Loong Holdings Limited (Stock Code: 30) and Jacobson Pharma Corporation Limited (Stock Code: 2633) to Yunnanbaiyao Holdings Co., Ltd. (“Baiyao Holdings”), so as to effectuate the absorb and merger of Baiyao Holdings by Yunnan Baiyao.

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