Agreement on the establishment of the Panglong brand and the recruitment of investors

90% of Myanmar's drug demand needs to be imported. As Myanmar's opposition parties step by step against the dictatorial military government, I predict that Myanmar will defeat the military government and reach a peace agreement to usher in a democratic government in 2025. By then, Myanmar will have a lot of work to do. This is the best opportunity for us to invest in Myanmar's post-war reconstruction. I established the Panglong brand and used Panglong, the place where Myanmar signed the Panglong Agreement 78 years ago, as its trademark. I hope that the Myanmar people will always remember the original intention of signing the peace agreement and not repeat the tragedy of the civil war that lasted for almost a century. I personally like Myanmar as a country and want to participate in the efforts of the Myanmar people to fight for democracy and do my part for Myanmar's democracy. By then, I hope that I can become a citizen of Myanmar and become a citizen of a democratic country. It is not my fault to be born in an authoritarian country. That was the irresponsibility of my parents and grandparents. I hope that my children can live in a democratic country. I hope that friends who share the same values ​​as me can join me in completing this cause.

Our business, the first step is to use the mature pharmaceutical industry chain resources in Laos to produce medicines needed by Myanmar, and to meet the demand for medicines of the people of Myanmar as much as possible. If the development goes smoothly in the future, we can set up pharmaceutical factories in national logistics centers such as Mandalay, Myanmar, to reduce costs and supply the whole country with local production. If we grow and develop in the future, we can also export and earn foreign exchange, promote local employment and benefit the people.

The first phase raised US$500,000, which was used as working capital for purchasing raw materials and preparing for export to Myanmar. The company's equity followed the Huawei employee stock ownership agreement, and employees enjoyed stock dividends based on their contributions to the company without having ownership rights. The first four-year dividend rights were distributed in proportion to the funds raised. After the first four years of the first phase, the company repurchased the equity at the original price and distributed it to each business department based on their contribution to the company in the first phase, and they will enjoy the second phase dividend rights after purchase.

The second phase of dividends will be distributed according to the contribution to the company in the first phase. As the founder and to ensure that the corporate culture does not deteriorate, I will permanently enjoy 10% of the equity. If the company produces generic patented drugs, 10% of the sales will be used to set up a fund, half of which will be used to purchase the stocks of the original drug company and the other half will be donated to local poor schools. This is the corporate culture code that the company must abide by.

20% of the stock dividend rights are enjoyed by the API manufacturers in the upstream industry chain. If the API manufacturers can exclusively produce APIs and exclusively supply them to our company, our company will distribute 20% of the dividend rights to the corresponding API manufacturers based on their contribution to the exclusive supply of APIs.

30% of the equity dividends are allocated to the sales channel parties, and the dividends are allocated to the sales channels according to the proportion of product sales.

Of the remaining 40%, one quarter will be given to the OEM factory and production technology director, one quarter will be given to the brand marketing and publicity department, and the remaining 20% ​​will be reserved for other necessary contribution parties.

The dividend rights are not listed in the operation details, which can be negotiated and the founder has the decision-making power. The company repurchases the stocks every four years and distributes them to the various business departments of the company according to the contribution of the previous period.

Attach company establishment documents and trademark application documents