Investor Presentaiton

End-user demand increases A talented workforce is critical for life science companies to make breakthroughs. Large cities usually gather the best and the brightest usually, are also closer to end-users and boast a concentration of leading universities, science parks and research institutes, coupled with strong hospital infrastructure critical to R&D, as well as a robust private equity financing environment backed by the government. Properly financed life science companies will expand headcount accordingly, this, along with tech advances and capacity upgrades, will lead to the need for larger offices in prime locations and R&D space in industrial parks (due to the need for environmental impact assessments and tenant stickiness). Rank 1 234 19 7 13 14 China Life Sciences - 2022 Life Science Ecosystem VC/PE investment China's Top 20 University Rankings for Life Science Courses University Tsinghua University Peking University City Beijing Beijing Government Financing Fudan University Shanghai Angel investment 5 University of Science and Technology of China 6 Zhejiang University Nanjing University East China Normal University Hangzhou Hefei Nanjing Shanghai 8 Shanghai Jiao Tong University 9 Nankai University 10 11 Southern University of Science and Technology Beijing Normal University Shanghai Tianjin Shenzhen Universities/ research institutes Life Science Incubator Beijing 12 15 16 17 18 19 20 Huazhong Agricultural University China Agricultural University Wuhan University Beihang University Beijing University Of Technology Huazhong University of Science and Technology Hunan University Central South University Fuzhou University Beijing Wuhan Beijing Beijing Talent attraction/ recruitment Talents Services Accelerator Wuhan Changsha Changsha Lifestyle Hospital Business operation Fuzhou Wuhan Source: Times Higher Education

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