Zhongchao Inc.

Zhongchao Cayman is a holding company incorporated on April 16, 2019, under the laws of the Cayman Islands. It operates by holding all shares of Zhongchao Group Inc., a British Virgin Islands holding company established on April 23, 2019. Zhongchao Group Inc. in turn holds all equity of Zhongchao Group Limited, a Hong Kong holding company established on May 14, 2019. Zhongchao Group Limited holds all equity of Beijing Zhongchao Zhongxing Technology Limited, a PRC company established on May 29, 2019. The company conducts its business through Zhongchao Medical Technology (Shanghai) Corp., a PRC company, and its 7 PRC subsidiaries: Shanghai Zhongxun, Shanghai Zhongxin, Beijing Boya, Shanghai Huijing, Xinjiang Pharmaceutical, Beijing Zhongxuanboya, and West Angel, and Shanghai Zhongxuan. These entities provide medical online and offline training services. Zhongchao Medical Technology (Shanghai) Corp. was incorporated on August 17, 2012, and its name was changed on January 15, 2016. On February 5, 2016, it converted into a company limited by shares. Through direct ownership, Zhongchao Medical Technology (Shanghai) Corp. has established subsidiaries and branch offices in various cities in PRC, including Beijing, Shanghai, Hainan, Liaoning, and Chongqing. The company ceased operations of Xinjiang Pharmaceutical on June 30, 2025.