| | | | | | | | | | | |
Name of Entity | | Date of Incorporation/ Acquisition | | Place of Incorporation | | Shareholders | | % of Equity Ownership | | Principal Activities | |
Betters Medical NewCo, LLC (“NewCo”) | | June 17, 2024 / October 1, 2024 | | Delaware (US) | | PubCo | | 100% | | Holding | |
ExcelFin Acquisition Corp. (“SPAC” or “ExcelFin”) | | March 15, 2021 / October 1, 2024 | | Delaware (US) | | PubCo | | 100% | | Holding | |
Baird Medical LLC | | November 29, 2023 | | Delaware (US) | | PubCo | | 100% | | Sales of MWA medical devices | |
Tycoon Choice Global Limited (“Tycoon”) | | January 8, 2021 | | BVI | | PubCo | | 100% | | Holding | |
Baide Medical Investment Company Limited (“Baide HK”) | | January 29, 2021 | | Hong Kong | | Tycoon | | 100% | | Holding | |
Baide (Guangdong) Capital Management Company Limited (“Baide Capital”) | | March 3, 2021 | | The PRC | | Baide HK | | 100% | | Sales of MWA medical devices and investment holding | |
Guangzhou Dedao Capital Management Company Limited (“Dedao”) | | March 4, 2021 | | The PRC | | Baide Capital | | 99% | | Holding | |
Guangzhou Baihui Corporate Management Company Limited (“Baihui”) | | December 4, 2020 | | The PRC | | Dedao | | 99% | | Holding | |
Guangzhou Zhengde Corporate Management Company Limited | | December 4, 2020 | | The PRC | | Dedao | | 99% | | Holding | |
Guangzhou Yide Capital Management Company Limited | | December 10, 2020 | | The PRC | | Dedao | | 99% | | Holding | |
Baide (Suzhou) Medical Company Limited (“Baide Suzhou”) | | June 5, 2012 | | The PRC | | Zhengde Yide, and Baihui | | 99% | | Research and development, sales of MWA and other medical devices and investment holding | |
Henan Ruide Medical Instrument Company Limited | | July 6, 2018 | | The PRC | | Baide Suzhou | | 99% | | Sales of MWA and other medical devices | |
Nanjing Changcheng Medical Equipment Company Limited (“Nanjing Changcheng”) | | January 28, 2016 | | The PRC | | Baide Suzhou | | 99% | | Research and development, manufacture and sales of MWA and other medical devices | |
Guizhou Baiyuan Medical Company Limited | | September 21, 2017 | | The PRC | | Baide Suzhou | | 99% | | Sales of other medical devices | |
Guoke Baide (Guangdong) Medical Company Limited (“Guoke Baide”) | | July 5, 2019 | | The PRC | | Baide Suzhou | | 99% | | Sales of MWA medical devices | |
Hunan Baide Medical Technology Company Limited | | November 26, 2019 | | The PRC | | Baide Suzhou | | 99% | | Sales of MWA medical devices | |
Ruikeen Biological Technology (Guangzhou) Company Limited (“Ruikeen Guangzhou”) | | July 17, 2019 | | The PRC | | Baide Suzhou | | 99% | | Sales of MWA medical devices | |
Guangzhou Fangda Medical Technology Company Limited | | December 22, 2022 | | The PRC | | Baide Capital | | 100% | | Sales of MWA medical devices | |
Junde (Guangzhou) Medical Technology Company Limited | | November 14, 2022 | | The PRC | | Guoke Baide | | 99% | | Sales of MWA medical devices | |
Shengde (Guangzhou) Medical Technology Company Limited | | November 29, 2022 | | The PRC | | Baide Capital | | 100% | | Sales of MWA medical devices | |
Suzhou Kangchuang Medical Company Limited | | December 6, 2022 | | The PRC | | Baide Capital | | 100% | | Sales of MWA medical devices | |
Hainan Haike Baide Medical Company Limited | | July 4,2024 | | The PRC | | Baide Suzhou | | 100% | | Sales of MWA medical devices | |