YUKAI Health Group ^{Filed Terms, Nasdaq: YKAI}

Through our PRC subsidiaries, mainly Fuzhou Yukai, we provide solutions to the PRC healthcare industry to support efficient, safe and sustainable medical equipment maintenance systems. We endeavor to ensure that healthcare providers, especially hospitals, have the critical medical equipment to care for patients, and we offer them services that lower costs, reduce waste, and maintain a high standard of medical device management in the healthcare industry. Our customer base includes 1) hospital customers and 2) business partner customers. We obtain our hospital customers through the public bidding process. As of December 31, 2021, we employ a team of more than 68 specialized repair technicians and engineers, and among them, (i) approximately 60 are field-based technicians who work onsite within customers’ hospital facilities, and (ii) approximately 8 technicians work in the Company headquarters and can be dispatched to different hospitals as required.