CanSino Biologics Inc.


                                               6185




              2024       4   11
     V                                                     60




                14.07                                              V
                    5%                                         V
                                          14
                                  V                        I       III   IV

                                  14.22




5%                                 25%
                              14
         14




          2024       4       11
V                                                     60




                                           1
      V

                            V

2024      4     11

(a)

(b)

               WBS241128




          60




                                         II
                                     H


2024      4     15   2024   5   15




                     2
             =                   1.6% + 1.15% × N/M                     1.6%
1.15%                                   N
                                  M
                                   1.6%
2.75%

                                                     3              BFIX
                                                                     BFIX

                                      3             BFIX


                          2024    4       15                2024     5     13


                                          -0.045
+0.045

                                                                     3
 BFIX                                                              2024     4
15

         =       ×                            ×             365




                                                                    (i)
                                                     (ii)
                                 (iii)
                                          2
             2




                      3
                   H                               9668




             V

                        V




     14.07                                     V
       5%                                 V
                   14
         V                      I   III       IV

       14.22


                                                          5%
             25%
       14
14


                            4
                                              2005       12   30
                                                 H
                             9668

                                                              60
II                           2024         3    7


                                                              60
V                            2024         4     11




I    III   IV   230         70                         100
                           2024    1      11         3 25
                3     28

                              I     III       IV     V


                                  2017        2 13
                                              H
                            6185              A
                                              688185




                      5
H                      H




%




                                        Xuefeng YU


    2024   4   11

                    Xuefeng YU   Shou Bai CHAO




                       6