On 3 April 2024, China Isotope & Radiation Corporation has entered into the Investment and Cooperation Agreement with CNNC Hainan Nuclear Power in respect of the establishment of the Joint Venture Company. Pursuant to the Investment and Cooperation Agreement, the registered capital of the Joint Venture Company is RMB 50 million, of which, RMB 25.5 million will be contributed by the Company with monetary funds, and RMB 24.5 million will be paid by CNNC Hainan NuclearPower with monetary funds. Upon the establishment of the Joint Venture company, the Company and CNNC Hainan Nuclear power will hold 51% and 49% equity interests in the Joint Venture Company, respectively, and the Joint Venture Company will become a subsidiary of the Company.

Upon the establishment of the joint Venture Company, the Company and CNNCHainan Nuclear Power will hold 51% and 49%. equity interests in the Joint Venture company, respectively, and the Joint venture Company will become a subsidiary of The Investment and Cooperation Agreement will come into force from the date when it is affixed with the chops of, and signed by the authorized representatives of each party. The registered capital of the Joint Venture company is RMB 50 million, the Company is RMB 25.5 million is contributed by the Company with monetary Funds, representing 51% of the registered capital of the Joint venture Company, and RMB 24.

5 million will be contributed by CNNC Hainan nuclear Power with monetary funds, representing 49% of the registered capital of The Joint Venture Company. The Joint Venture Company mainly engages in electronic accelerator radiation processing, and also operates fresh preservation, storage, sterilization and other deep processing services for special, featured agricultural products, as well as many other businesses, aiming to facilitate high quality development of special, featured agricultural products from Yulin and its surrounding regions, and become a leading enterprise in the field of radiation application in Yulin, and even in Guangxi.