CanSino Biologics Inc.


                                               6185




           2024   5        8
     VI                                                     200




               14.07                                              VI
                       5%                                         VI
                                               14
                                      VI                          I    V

                                14.22




5%                                  25%
                               14
          14




          2024    5    8
VI                                                    200




                                           1
      VI

                                 VI

2024       5     8

(a)

(b)

               WBS241512




           200




                                                               III
  IV
                      H

2024       5     10       2024   6    11

                 =               1.6% + 1.1% × N/M   1.6%    1.1%
                                   N
                          M
                          1.6%                         2.7%

                                              3         BFIX
                                                         BFIX

                                      3      BFIX




                          2
                          2024     5     10              2024     6   7


                                         -0.045
+0.045

                                                              3
 BFIX                                                       2024      5
10

         =       ×                          ×           365




                                                                (i)
                                                  (ii)
                                 (iii)
                                         2
             2




                      3
                   H                           9668




             VI

                        VI




     14.07                                VI
        5%                           VI
                       14
             VI                  I   V

     14.22


                                                      5%
             25%
      14
14




                             4
                                                  2005      12   30
                                                   H
                                9668


I     V      230                   60
           2024 1         11   2024 4        11




III   IV     70                   100
           2024   3       25   2024 3        28


                                                                 200
VI                               2024       5     8


                                       I    V         VI


                                           2017       2    13
                                                  H
                               6185          A
                                           688185




                      5
H                   H




%




                                       Xuefeng YU


    2024   5   8

                   Xuefeng YU   Shou Bai CHAO




                        6