<SEC-DOCUMENT>0001213900-22-080092.txt : 20221215
<SEC-HEADER>0001213900-22-080092.hdr.sgml : 20221215
<ACCEPTANCE-DATETIME>20221215160614
ACCESSION NUMBER:		0001213900-22-080092
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		10
FILED AS OF DATE:		20221215
DATE AS OF CHANGE:		20221215
EFFECTIVENESS DATE:		20221215

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			China Jo-Jo Drugstores Holdings, Inc.
		CENTRAL INDEX KEY:			0001856084
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-DRUG STORES AND PROPRIETARY STORES [5912]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-268809
		FILM NUMBER:		221464843

	BUSINESS ADDRESS:	
		STREET 1:		HAI WAI HAI TONGXIN MANSION FLOOR 6
		STREET 2:		GONG SHU DISTRICT
		CITY:			HANGZHOU CITY
		STATE:			F4
		ZIP:			310008
		BUSINESS PHONE:		8657188219579

	MAIL ADDRESS:	
		STREET 1:		HAI WAI HAI TONGXIN MANSION FLOOR 6
		STREET 2:		GONG SHU DISTRICT
		CITY:			HANGZHOU CITY
		STATE:			F4
		ZIP:			310008
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>ea170074-s8_chinajojo.htm
<DESCRIPTION>REGISTRATION STATEMENT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>As
filed with the Securities and Exchange Commission on December 15, 2022</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Registration
No. 333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Washington,
D.C. 20549</B></FONT></P>

<P STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FORM
S-8</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>REGISTRATION
STATEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>UNDER</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>THE
SECURITIES ACT OF 1933</B></FONT></P>

<P STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>China
Jo-Jo Drugstores, Inc.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Exact
name of registrant as specified in its charter)</FONT></P>

<P STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cayman
    Islands</B></FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: center; font: 10pt Times New Roman, Times, Serif; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Not
    Applicable</B></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(State
    or other jurisdiction of<BR>
    incorporation or organization)</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(I.R.S.
    Employer<BR>
    Identification No.)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Hai
Wai Hai Tongxin Mansion Floor 6</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Gong
Shu District, Hangzhou City, Zhejiang</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Province</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>People&rsquo;s
Republic of China, 310008</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>+86-571-88219579</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address,
including zip code, and telephone number, including area code, of Registrant&rsquo;s principal executive offices)</FONT></P>

<P STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>China
Jo-Jo Drugstores, Inc. Second Amended and Restated 2010 Equity Incentive Plan</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Full
title of the plans)</FONT></P>

<P STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Elizabeth
F. Chen, Esq.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Pryor Cashman LLP</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>7 Times Square</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>New York, New York 10036</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(212) 326-0199</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Name,
address, including zip code, and telephone number, including area code, of agent for service)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting
company or an emerging growth company. See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo;
&ldquo;smaller reporting company,&rdquo; and &ldquo;emerging growth company&rdquo; in Rule 12b-2 of the Exchange Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 23%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Large
    accelerated filer</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 30%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accelerated
    filer</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-accelerated
    filer</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9746;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Smaller
    reporting company</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9746;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging
    growth company</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. &#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EXPLANATORY
NOTE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This Registration Statement is filed pursuant
to General Instruction E to Form S-8 by China Jo-Jo Drugstores, Inc., a Cayman Islands exempted company (the &ldquo;Company&rdquo;), to
register 2,130,000 ordinary shares of the Company in addition to those previously registered on the Company&rsquo;s Registration Statement
on Form S-8 (File No. 333-264505) filed with the Securities and Exchange Commission on April 27, 2022, for issuance pursuant to the Company&rsquo;s
Second Amended and Restated 2010 Equity Incentive Plan. Pursuant to General Instruction E to Form S-8, the contents of such previously
filed Registration Statement are incorporated herein by reference, except that the provisions contained in Part II of such earlier Registration
Statement are modified as set forth in this Registration Statement.</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PART
I</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INFORMATION
REQUIRED IN THE SECTION 10(a) PROSPECTUS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
1. Plan Information.*</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
2. Registrant Information and Employee Plan Annual Information.*</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*
The documents containing the information specified in this Part I of Form S-8 (plan information and registration information and employee
plan annual information) will be sent or given to employees as specified by the Securities and Exchange Commission (the &ldquo;<I>Commission</I>&rdquo;)
pursuant to Rule 428(b)(1) of the Securities Act of 1933, as amended (the &ldquo;<I>Securities Act</I>&rdquo;). Such documents are not
required to be and are not filed with the Commission either as part of this registration statement (this &ldquo;<I>Registration Statement</I>&rdquo;)
or as prospectuses or prospectus supplements pursuant to Rule 424. These documents and the documents incorporated by reference in this
Registration Statement pursuant to Item 3 of Part II hereof, taken together, constitute a prospectus that meets the requirements of Section
10(a) of the Securities Act. The Registrant will provide a written statement to participants advising them of the availability without
charge, upon written or oral request, of the documents incorporated by reference in Item 3 of Part II hereof and including the statement
in the preceding sentence. The written statement to all participants will indicate the availability without charge, upon written or oral
request, of other documents required to be delivered pursuant to Rule 428(b), and will include the address and telephone number to which
the request is to be directed.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PART
II</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
3. Incorporation of Documents by Reference.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following documents filed with the Commission are hereby incorporated by reference in this Registration Statement:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Registrant&rsquo;s Annual Report on Form 20-F for the year ended March 31, 2022, filed with the Commission on <A HREF="https://www.sec.gov/ix?doc=/Archives/edgar/data/1856084/000121390022042481/f20f2022_chinajojo.htm">July 28, 2022</A>, containing
    the Registrant&rsquo;s audited consolidated financial statements for the year ended March 31, 2022 and Registrant&rsquo;s predecessor&rsquo;s
    audited consolidated financial statements for the year ended March 31, 2021.</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
    other reports filed by the Registrant pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the
    &ldquo;<I>Exchange Act</I>&rdquo;), since the end of the fiscal year covered by the Annual Report on Form 20-F referred to in (a)
    above (other than portions of those documents furnished or not otherwise deemed to be filed).</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    description of the Registrant&rsquo;s Ordinary Shares contained in the Registrant&rsquo;s registration statement on Form F-3, as
    amended, as originally filed with the Commission on <A HREF="https://www.sec.gov/Archives/edgar/data/1856084/000121390021049098/ea147625-f3_chinajojo.htm">September 21, 2021</A>, and any amendments or reports filed with the Commission for
    the purpose of updating such description.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act and, to the extent
specifically designated therein, Reports of Foreign Private Issuer on Form 6-K furnished by the Registrant to the Commission that are
identified in such forms as being incorporated into this Registration Statement and prior to the filing of a post-effective amendment
to this Registration Statement indicating that all of the securities offered hereby have been sold or which deregisters all securities
then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be part hereof from the
date of filing such documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
4. Description of Securities.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not
applicable</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
5. Interests of Named Experts and Counsel.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not
applicable</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
6. Indemnification of Directors and Officers.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Second Amended and Restated
Memorandum and Articles of Association of China Jo-Jo Drugstores, Inc., a Cayman Islands exempted company (&ldquo;CJJD&rdquo;) provide
for the indemnification of CJJD&rsquo;s directors and officers. Specifically, under the indemnification provisions, CJJD will indemnify
its directors and officers acting in relation to any of the affairs of the Company from and against all actions, costs, charges, losses,
damages and expenses which shall or may incur by CJJD&rsquo;s directors or officers while executing the duties of their respective offices.
CJJD&rsquo;s directors and officers, however, will not be entitled to the indemnification if they incurred the liabilities through their
own fraud or dishonesty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">CJJD is an exempted company
with limited liability incorporated in the Cayman Islands. As such, CJJD is subject to and governed by the laws of the Cayman Islands
with respect to the indemnification provisions. Although the Companies Act (As Revised) of the Cayman Islands does not specifically restrict
a Cayman Islands company&rsquo;s ability to indemnify its directors or officers, it does not expressly provide for such indemnification
either. Certain English case law (which is likely to be persuasive in the Cayman Islands), however, indicates that the indemnification
is generally permissible, unless there had been fraud, willful default or reckless disregard on the part of the director or officer in
question.</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
7. Exemption from Registration Claimed.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not
applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 4; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
8. Exhibits.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following exhibits are filed as part of this Registration Statement:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit<BR>

    Number</B></FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 90%; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Description
    of Document</B></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.1*</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ea170074ex5-1_chinajojo.htm">Opinion of Conyers Dill &amp; Pearman LLP, with respect to the legality of the securities being registered</A></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>

<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1*</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ea170074ex10-1_chinajojo.htm">China Jo-Jo Drugstores, Inc. Second Amended and Restated 2010 Equity Incentive Plan</A></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.1*</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ea170074ex23-1_chinajojo.htm">Consent of BDO China Shu Lun Pan Certified Public Accountants LLP, an independent registered public accounting firm</A></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.2*</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><A HREF="ea170074ex23-2_chinajojo.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consent of YCM CPA, Inc., an independent registered public accounting firm</FONT></A></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.3*</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ea170074ex5-1_chinajojo.htm">Consent of Conyers Dill &amp; Pearman LLP (included in the opinion filed as Exhibit 5.1)</A></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24.1*</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><A HREF="#a_001"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Power of Attorney of the directors of the Registrant (contained in the signature pages hereto)</FONT></A></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">107*</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="ea170074ex-fee_chinajojo.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filing Fee Table</FONT></A></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 27px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>*</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filed
    herewith.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
9. Undertakings.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The undersigned Registrant hereby undertakes:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)
To file, during any period in which offers or sales are being made of securities registered hereby, a post-effective amendment to this
Registration Statement which shall include any material information with respect to the plan of distribution not previously disclosed
in the Registration Statement or any material change to such information in the Registration Statement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial <I>bona fide</I> offering thereof; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
The undersigned Registrant hereby further undertakes that, for purposes of determining any liability under the Securities Act, each filing
of the Registrant&rsquo;s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by reference in the
Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial <I>bona fide</I> offering thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons
of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that
a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director,
officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director,
officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel
the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification
by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<!-- Field: Page; Sequence: 5; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><A NAME="a_001"></A><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SIGNATURES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe it
meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in Hangzhou, China on December 15, 2022.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>China
    Jo-Jo Drugstores, Inc.</B></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 60%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; width: 3%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&nbsp;
    </FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; width: 37%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Lei Liu</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lei
    Liu</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Executive Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each
of the undersigned members of the board of directors of the Registrant, hereby severally constitutes and appoints Lei Liu as his or her
true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution for him or her and in his or her name,
place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration
Statement, and any subsequent registration statements pursuant to Rule 462 of the Securities Act of 1933, as amended, and to file the
same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto
said attorney-in-fact and agents, each of them, full power and authority to do and perform each and every act and thing requisite and
necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby
ratifying and confirming all that each of said attorneys-in-fact or his or her substitute or substitutes, may lawfully do or cause to
be done by virtue hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the requirements of the Securities Act, this Registration Statement has been signed by the following persons in the capacities and
on the dates indicated.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; background-color: white; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 32%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Signatures</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 32%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Title</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; width: 32%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Date</B></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Lei Liu</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Executive Officer and Director</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December
    15, 2022</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lei
    Liu</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Principal
    Executive Officer)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Ming Zhao</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Financial Officer</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December
    15, 2022</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ming
    Zhao</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Principal
    Financial Officer and <BR>
Principal Accounting Officer)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Li Qi</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December
    15, 2022</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Li
    Qi</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Caroline Wang</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December
    15, 2022</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Caroline
    Wang</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Jiangliang He</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December
    15, 2022</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jiangliang
    He</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Genghua Gu</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December
    15, 2022</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Genghua
    Gu</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 6; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Signature
of Authorized U.S. Representative of Registrant</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Pursuant
to the requirements of the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States
of China Jo-Jo Drugstores, Inc., has signed this Registration Statement on </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December
15, 2022<FONT STYLE="background-color: white">.</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Pryor
    Cashman LLP</B></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Elizabeth Chen</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 60%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; vertical-align: top; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; vertical-align: bottom; width: 32%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Elizabeth
    Chen</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partner</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">II-4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>ea170074ex5-1_chinajojo.htm
<DESCRIPTION>OPINION OF CONYERS DILL & PEARMAN LLP, WITH RESPECT TO THE LEGALITY OF THE SECURITIES BEING REGISTERED
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: right; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Exhibit
5.1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: center; width: 40%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P><IMG SRC="ex5-1_001.jpg" ALT=""></TD><TD STYLE="width: 20%; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="text-align: justify; width: 40%"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 2.25pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">CONYERS
                                            DILL &amp; PEARMAN LLP</FONT></P>
                                                                                                                                                            <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 2.25pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.15pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">SIX,
2<SUP>nd</SUP> Floor, Cricket Square</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.15pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">PO
Box 2681, Grand Cayman KY1-1111</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.15pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Cayman
Islands</FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.15pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.15pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">T
+1 345 945 3901</FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2.15pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 2.15pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">conyers.com</FONT></P></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">15
December 2022</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">714046.21955822</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">1-345-814-7786</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">cora.miller@conyers.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>China
Jo-Jo Drugstores, Inc. </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Hai
Wai Hai Tongxin Mansion</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Floor
6 Gong Shu District</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Hangzhou
City, Zhejiang Province</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">People&rsquo;s
Republic of China, 310008</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Dear Sirs
and Madams:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Re:</B></FONT></TD><TD STYLE="width: 0.25in; text-align: left"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>China
                                            Jo-Jo Drugstores, Inc. (the &ldquo;Company&rdquo;)</B></FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
have acted as special Cayman Islands legal counsel to the Company in connection with a registration statement on Form S-8, as may be
amended (the &ldquo;<B>Registration Statement</B>&rdquo;, which term does not include any other document or agreement whether or not
specifically referred to therein or attached as an exhibit or schedule thereto) to be filed by the Company with the United States Securities
and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;) relating to the registration under the U.S. Securities Act of 1933, as
amended, (the &ldquo;<B>Securities Act</B>&rdquo;) of an aggregate of 2,130,000 ordinary shares, par value US$0.012 per share (the &ldquo;<B>Shares</B>&rdquo;)
to be issued pursuant to the Company&rsquo;s Second Amended and Restated 2010 Equity Incentive Plan (the &ldquo;<B>Plan</B>&rdquo;, which
term does not include any other document or agreement whether or not specifically referred to therein or attached as an exhibit or schedule
thereto).</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">DOCUMENTS
                                            REVIEWED</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">For
the purposes of giving this opinion, we have examined and relied upon a copy of the following documents:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            Registration Statement;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            Plan;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            Certificate of Incorporation, Certificate of Merger, Certificate of Incorporation on Change
                                            of Name and the Second Amended and Restated Memorandum and Articles of Association of the
                                            Company adopted by special resolution of shareholders of the Company on 18 March 2022 (collectively,
                                            the &ldquo;<B>Constitutional Documents</B>&rdquo;);</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            unanimous written resolution of the directors of the Company dated 3 November 2022 and the
                                            minutes of the annual general meeting of the shareholders held on 3 December 2022 (Beijing
                                            Time) signed by Li Qi as Secretary of the Company and dated 3 December 2022 (Beijing Time)
                                            (collectively, the &ldquo;<B>Resolutions</B>&rdquo;);</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">a
                                            Certificate of Good Standing (the &ldquo;<B>Good Standing Certificate</B>&rdquo;) issued
                                            by the Cayman Islands Registrar of Companies in relation to the Company on 12 December 2022
                                            (the &ldquo;<B>Certificate Date</B>&rdquo;);</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            results of our electronic searches against the Company at the Registrar of Companies conducted
                                            on 13 December 2022 and the electronic Register of Writs and other Originating Process of
                                            the Grand Court of the Cayman Islands conducted on 13 December 2022; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">such
                                            other documents and made such enquiries as to questions of law as we have deemed necessary
                                            in order to render the opinion set forth below.</FONT></TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">ASSUMPTIONS</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
have assumed:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            genuineness and authenticity of all signatures and the conformity to the originals of all
                                            copies (whether or not certified) examined by us and the authenticity and completeness of
                                            the originals from which such copies were taken;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            accuracy and completeness of all factual representations made in the Registration Statement,
                                            the Plan and other documents reviewed by us;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">that
                                            the Resolutions were passed at one or more duly convened, constituted and quorate meetings
                                            or by unanimous written resolutions, remain in full force and effect and have not been rescinded
                                            or amended;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">that
                                            there is no provision of the law of any jurisdiction, other than the Cayman Islands, which
                                            would have any implication in relation to the opinions expressed herein;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">that
                                            on the date of issuance of any Shares the Company will have sufficient authorized but unissued
                                            ordinary fully paid shares to satisfy the issuance;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">that
                                            the Company will issue the Shares in furtherance of its objects as set out in its Constitutional
                                            Documents;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">that
                                            the Constitutional Documents will not be amended in any manner that would affect the opinions
                                            set forth herein;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.8.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">that,
                                            upon the issue of any Shares to be sold by the Company, the Company will receive consideration
                                            for the full issue price thereof which shall not be less than the par value thereof;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.9.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">that
                                            all necessary corporate action will be taken to authorise and approve any issuance of the
                                            Shares pursuant to the Plan;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.10.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">that
                                            no invitation has been or will be made by or on behalf of the Company to the public in the
                                            Cayman Islands to subscribe for any Shares of the Company;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.11.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            Company is and after filing of the Registration Statement with the Commission, will be able
                                            to pay its liabilities as they become due;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">conyers.com | <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.12.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            transactions contemplated under the Registration Statement and the Plan comply with the requirements
                                            of the applicable rules of the Nasdaq Stock Market;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.13.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                            validity and binding effect under the laws of the United States of America of the Registration
                                            Statement and that the Registration Statement will or have been duly filed with and declared
                                            effective by the Commission prior to, or concurrent with, the issuance of the Shares pursuant
                                            to the Registration Statement; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.14.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">save
                                            for the Plan, there are no resolutions, agreements, documents or arrangements which materially
                                            affect, amend or vary the transactions contemplated by the Registration Statement.</FONT></TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-transform: uppercase; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">QUALIFICATIONS</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
                                            express no opinion with respect to the issuance of Shares pursuant to any provision of the
                                            Plan that purports to obligate the Company to issue Shares following the commencement of
                                            a winding up or liquidation of the Company.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Under
                                            Cayman Islands law, the register of members (shareholders) is <I>prima facie</I> evidence
                                            of title to shares and this register would not record a third party interest in such shares.
                                            However, there are certain limited circumstances where an application may be made to a Cayman
                                            Islands court for a determination on whether the register of members reflects the correct
                                            legal position. Further, the Cayman Islands court has the power to order that the register
                                            of members maintained by a company should be rectified where it considers that the register
                                            of members does not reflect the correct legal position. As far as we are aware, such applications
                                            are rarely made in the Cayman Islands and there are no circumstances or matters of fact known
                                            to us on the date of this opinion letter which would properly form the basis for an application
                                            for an order for rectification of the register of members of the Company, but if such an
                                            application were made in respect of the Shares, then the validity of such shares may be subject
                                            to re-examination by a Cayman Islands court.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
                                            have made no investigation of and express no opinion in relation to the laws of any jurisdiction
                                            other than the Cayman Islands. This opinion is to be governed by and construed in accordance
                                            with the laws of the Cayman Islands and is limited to and is given on the basis of the current
                                            law and practice in the Cayman Islands. This opinion is issued solely for your benefit and
                                            use in connection with the matter described herein and is not to be relied upon by any other
                                            person, firm or entity or in respect of any other matter.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">conyers.com | <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">OPINION</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
the basis of and subject to the foregoing, we are of the opinion that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
                                            Company is duly incorporated and existing under the laws of the Cayman Islands and, based
                                            on the Certificate of Good Standing, is in good standing as at the Certificate Date. Pursuant
                                            to the Companies Act (as revised) (the &ldquo;<B>Act</B>&rdquo;), a company is deemed to
                                            be in good standing if all fees and penalties under the Act have been paid and the Registrar
                                            of Companies has no knowledge that the company is in default under the Act.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">When
                                            issued and paid for in accordance with the Plan and recorded in the register of members of
                                            the Company, the Shares will be validly issued, fully-paid and non-assessable (which term
                                            when used herein means that no further sums are required to be paid by the holders thereof
                                            in connection with the issue of such shares).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
hereby consent to the filing of this opinion as exhibit 5.1 to the Registration Statement and further consent to all references to us
in the Registration Statement and any amendments thereto. In giving this consent, we do not consider that we are &ldquo;experts&rdquo;
within the meaning of such term as used in the Securities Act, or the Rules and Regulations of the Commission promulgated thereunder,
with respect to any part of the Registration Statement, including this opinion letter as an exhibit or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Yours
faithfully,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="border-bottom: Black 1.5pt solid; width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif">/s/ Conyers Dill &amp;
Pearman LLP</FONT></TD><TD STYLE="width: 60%; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">conyers.com | 4</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>ea170074ex10-1_chinajojo.htm
<DESCRIPTION>CHINA JO-JO DRUGSTORES, INC. SECOND AMENDED AND RESTATED 2010 EQUITY INCENTIVE PLAN
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin-top: 0; margin-bottom: 0"><B>Exhibit 10.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">CHINA JO-JO DRUGSTORES, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><U>SECOND AMENDED AND RESTATED </U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><U>2010 EQUITY INCENTIVE PLAN</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 0.25in; font-size: 10pt; text-align: justify">1.</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">ESTABLISHMENT OF PLAN; DEFINITIONS</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.1 <U>Purpose</U>. The purpose
of the China Jo-Jo Drugstores, Inc. Second Amended and Restated 2010 Equity Incentive Plan is to encourage certain officers, employees,
directors, and consultants of China Jo-Jo Drugstores, Inc., a Cayman Islands exempted company (the &ldquo;Company&rdquo;), to acquire
and hold shares in the Company as an added incentive to remain with the Company and increase their efforts in promoting the interests
of the Company, and to enable the Company to attract and retain capable individuals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.2 <U>Definitions</U>. Unless
the context clearly indicates otherwise, the following terms shall have the meanings set forth below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.1 &ldquo;Award&rdquo; shall
mean, individually or collectively, a grant under this Plan of Stock Options or Stock Awards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.2 &ldquo;Award Agreement&rdquo;
shall mean a written agreement containing the terms and conditions of an Award, not inconsistent with this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.3 &ldquo;Beneficiary&rdquo;
and &ldquo;Beneficial Ownership&rdquo; shall mean the person, persons, trust, or trusts that have been designated by a Grantee in his
or her most recent written beneficiary designation filed with the Committee to receive the benefits specified under this Plan upon such
Grantee&rsquo;s death or to which Awards or other rights are transferred if and to the extent permitted under Section 7.2.4 hereof. If, upon
a Grantee&rsquo;s death, there is no designated Beneficiary or surviving designated Beneficiary, then the term Beneficiary shall mean the person,
persons, trust, or trusts entitled by will or the laws of descent and distribution to receive such benefits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.4 &ldquo;Beneficial Owner&rdquo;
shall have the meaning ascribed to such term in Rule 13d-3 under the Exchange Act and any successor to such Rule.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.5 &ldquo;Board&rdquo; shall
mean the board of directors of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.6 &ldquo;Change in Control&rdquo;
shall mean a Change in Control as defined in Section 7.1.1(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.7 &ldquo;Code&rdquo; shall
mean the Internal Revenue Code of 1986, as it may be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.8 &ldquo;Committee&rdquo;
shall mean the Board or a committee of the Board appointed pursuant to Section 1.4 of this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.9 &ldquo;Ordinary Shares&rdquo;
shall mean the Company&rsquo;s Ordinary Shares, par value $0.012 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.10 &ldquo;Company&rdquo; shall
mean China Jo-Jo Drugstores, Inc., a Cayman Islands exempted company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.11 &ldquo;Consultants&rdquo;
shall mean individuals who provide services to the Company and any Subsidiary who are not also Employees or Directors and which services
are not in connection with the offer or sale of securities in a capital-raising transaction and do not directly or indirectly promote
or maintain a market for the Company&rsquo;s securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.12 Reserved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.13 &ldquo;Designated Officer&rdquo;
shall mean any executive officer of the Company to whom duties and powers of the Board or Committee hereunder have been delegated pursuant
to Section 1.4.3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.14 &ldquo;Directors&rdquo;
shall mean those members of the Board or the board of directors of any Subsidiary who are not also Employees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.15 &ldquo;Disability&rdquo;
shall mean a medically determinable physical or mental condition that causes an Employee, Director, or Consultant to be unable to engage
in any substantial gainful activity and that can be expected to result in death or to be of long-continued and indefinite duration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.16 &ldquo;Effective Date&rdquo;
shall mean the effective date of this Plan, which shall be the Shareholder Approval Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.17 &ldquo;Employee&rdquo;
shall mean any common law employee, including Officers, of the Company or any Subsidiary as determined under the Code and the Treasury
Regulations thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.18 &ldquo;Exchange Act&rdquo;
shall mean the Securities Exchange Act of 1934, as amended from time to time, or any successor act thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.19 &ldquo;Fair Market Value&rdquo;
shall mean (i) if the Ordinary Shares are listed on a national securities exchange or the NASDAQ system, the mean between the highest
and lowest sales prices for the Ordinary Shares on such date, or, if no such prices are reported for such day, then on the next preceding
day on which there were reported prices; (ii) if the Ordinary Shares are not listed on a national securities exchange or the NASDAQ system,
the mean between the bid and asked prices for the shares on such date, or if no such prices are reported for such day, then on the next
preceding day on which there were reported prices; or (iii) as determined in good faith by the Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.20 &ldquo;Grantee&rdquo; shall
mean an Officer, Employee, Director, or Consultant granted an Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.21 &ldquo;Incentive Stock
Option&rdquo; shall mean a Stock Option that meets the requirements of Code Section 422 and is granted pursuant to the Incentive Stock
Option provisions as set forth in Section 2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.22 &ldquo;Incumbent Board&rdquo;
shall mean the Incumbent Board as defined in Section 7.1.1(b)(ii).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.23 &ldquo;Non-Statutory Stock
Option&rdquo; shall mean a Stock Option that does not meet the requirements of Code Section 422 and is granted pursuant to the Non-Statutory
Stock Option provisions as set forth in Section 3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.24 &ldquo;Officer&rdquo;
shall mean a person who is an officer of the Company or a Subsidiary within the meaning of Section 16 of the Exchange Act and the rules
and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.25 &ldquo;Performance Award&rdquo;
shall mean an Award under Section 6 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.26 &ldquo;Performance Measure&rdquo;
shall mean one or more of the following criteria, or such other operating objectives, selected by the Committee to measure performance
of the Company or any Subsidiary for a Performance Period, whether in absolute or relative terms: basic or diluted earnings per share
of Stock; earnings per share of Ordinary Shares growth; revenue; operating income; net income (either before or after taxes); earnings
and/or net income before interest and taxes; earnings and/or net income before interest, taxes, depreciation, and amortization; return
on capital; return on equity; return on assets; net cash provided by operations; free cash flow; Ordinary Shares&rsquo; price; economic
profit; economic value; total shareholder return; and gross margins and costs. Each such measure shall be determined in accordance with
generally accepted accounting principles as consistently applied and, as determined by the independent accountants of the Company in the
case of a Performance Award or as determined by the Committee for other Performance Awards, adjusted to omit the effects of extraordinary
items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions, and cumulative effects
of changes in accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.27 &ldquo;Performance Period&rdquo;
shall mean a period of not less than one (1) year over which the achievement of targets for Performance Measures is determined.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.28 &ldquo;Person&rdquo;
shall have the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act and used in Sections 13(d) and 14(d) thereof, and
shall include a &ldquo;group&rdquo; as defined in Section 13(d) thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.29 &ldquo;Plan&rdquo; shall
mean the China Jo-Jo Drugstores, Inc. Second Amended and Restated 2010 Equity Incentive Plan as set forth herein and as amended from time
to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.30 &ldquo;Related Entity&rdquo;
shall mean any Subsidiary, and any business, corporation, partnership, limited liability company, or other entity designated by the Board,
in which the Company or a Subsidiary holds a substantial ownership interest, directly or indirectly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 2; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.31 &ldquo;Restricted Stock&rdquo;
shall mean Ordinary Shares that are issued pursuant to the Restricted Stock provisions as set forth in Section 4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.32 &ldquo;Restricted Stock
Units&rdquo; shall mean Ordinary Shares that are issued pursuant to the Restricted Stock Unit provisions as set forth in Section 5.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.33 &ldquo;Rule 16b-3&rdquo;
shall mean Rule 16b-3 promulgated under the Exchange Act or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.34 &ldquo;Shareholder Approval
Date&rdquo; shall mean the date on which this Plan is approved by the shareholders of the Company eligible to vote in the election of
directors, by a vote sufficient to meet the requirements of Code Section 422, Rule 16b-3 under the Exchange Act (if applicable), applicable
requirements under the rules of any stock exchange or automated quotation system on which the Ordinary Shares may be listed on quoted,
and other laws, regulations, and obligations of the Company applicable to this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.35 &ldquo;Stock Award&rdquo;
shall mean an award of Restricted Stock or Restricted Stock Units granted pursuant to this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 4pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.36 &ldquo;Stock Option&rdquo;
shall mean an option granted pursuant to this Plan to purchase shares of Ordinary Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.2.37 &ldquo;Subsidiary&rdquo;
shall mean any corporation (other than the Company) in an unbroken chain of corporations beginning with and including the Company, if
each of the corporations other than the last corporation in the unbroken chain owns stock possessing fifty percent (50%) or more of the
total combined voting power of all classes of stock in one of the other corporations in such chain.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.3 <U>Shares of Ordinary
Shares Subject to this Plan</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.3.1 Subject to the provisions
of Section 7.1, Ordinary Shares that may be issued pursuant to Stock Options and Stock Awards granted under this Plan shall not exceed
Four Million Fifty Thousand Five Hundred Thirty Nine (4,050,539) shares in the aggregate. If a Stock Option shall expire and terminate
for any reason, in whole or in part, without being exercised or, if Stock Awards are forfeited because the restrictions with respect to
such Stock Awards shall not have been met or have lapsed, the number of shares of Ordinary Shares that are no longer outstanding as Stock
Awards or subject to Stock Options may again become available for the grant of Stock Awards or Stock Options. There shall be no terms
and conditions in a Stock Award or Stock Option that provide that the exercise of an Incentive Stock Option reduces the number of shares
of Ordinary Shares for which an outstanding Non-Statutory Stock Option may be exercised; and there shall be no terms and conditions in
a Stock Award or Stock Option that provide that the exercise of a Non-Statutory Stock Option reduces the number of shares of Ordinary
Shares for which an outstanding Incentive Stock Option may be exercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.4 <U>Administration of this
Plan</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.4.1 The Plan shall be administered
by the Board. In the alternative, the Board may delegate authority to a Committee to administer this Plan on behalf of the Board, subject
to such terms and conditions as the Board may prescribe. Such Committee shall consist of not less than two (2) members of the Board each
of whom is a &ldquo;non-employee director&rdquo; within the meaning of Rule 16b-3, or any successor rule of similar import. Once appointed,
the Committee shall continue to serve until otherwise directed by the Board. From time to time, the Board may increase the size of the
Committee and appoint additional members thereof, remove members (with or without cause) and appoint new members in substitution therefor,
fill vacancies, however caused, and remove all members of the Committee and, thereafter, directly administer this Plan. In the event that
the Board is the administrator of this Plan in lieu of a Committee, the term &ldquo;Committee&rdquo; as used herein shall be deemed to
mean the Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.4.2 The Committee shall meet
at such times and places and upon such notice as it may determine. A majority of the Committee shall constitute a quorum. Any acts by
the Committee may be taken at any meeting at which a quorum is present and shall be by majority vote of those members entitled to vote.
Additionally, any acts reduced to writing or approved in writing by all of the members of the Committee shall be valid acts of the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.4.3 The Board may, in its
sole discretion, divide the duties and powers of the Committee by establishing one or more secondary Committees to which certain duties
and powers of the Board hereunder are delegated (each of which shall be regarded as a &ldquo;Committee&rdquo; under this Plan with respect
to such duties and powers), or delegate all of its duties and powers hereunder to a single Committee. Additionally, if permitted by applicable
law, the Board or Committee may delegate any or all of its duties and powers hereunder to a Designated Officer subject to such conditions
and limitations as the Board or Committee shall prescribe. However, only the Committee described under Section 1.4.1 may designate and
grant Awards to Grantees who are subject to Section 16 of the Exchange Act. The Committee shall also have the power to establish sub-plans
(which may be included as appendices to this Plan or the respective Award Agreement), which may constitute separate programs, for the
purpose of establishing programs that meet any special tax or regulatory requirements of jurisdictions other than the United States and
its subdivisions. Any such interpretations, rules, administration and sub-plans shall be consistent with the basic purposes of this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.4.4 <U>Powers of the Committee</U>.
The Committee shall have all the powers vested in it by the terms of this Plan, such powers to include authority, in its sole and absolute
discretion, to grant Awards under this Plan, prescribe Award Agreements and establish programs for granting Awards. The Committee shall
have full power and authority to take all other actions necessary to carry out the purpose and intent of this Plan, including, but not
limited to, the authority to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(a) determine the Grantees
to whom, and the time or times at which, Awards shall be granted;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(b) determine the types of
Awards to be granted;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(c) determine the number of
shares of Ordinary Shares and/or amount of cash to be covered by or used for reference purposes for each Award;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(d) impose such terms, limitations,
vesting schedules, restrictions, and conditions upon any such Award as the Committee shall deem appropriate, including without limitation
establishing, in its discretion, Performance Measures that must be satisfied before an Award vests and/or becomes payable, the term during
which an Award is exercisable, the purchase price, if any, under an Award, and the period, if any, following a Grantee&rsquo;s termination
of employment or service with the Company or any Subsidiary during which the Award shall remain exercisable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(e) modify, extend, or renew
outstanding Awards, accept the surrender of outstanding Awards, and substitute new Awards, provided that no such action shall be taken
with respect to any outstanding Award that would materially and adversely affect the Grantee without the Grantee&rsquo;s consent, or constitute
a repricing of stock options without the consent of the holders of the Company&rsquo;s voting securities under Section 1.4.4(f) below;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(f) only with the approval
of the holders of the voting securities of the Company to the extent that such approval is required by applicable law, regulation, or
the rules of a national securities exchange or automated quotation system to which the Company is subject, reprice Incentive Stock Options
and Non-Statutory Stock Options either by amendment to lower the exercise price or by accepting such stock options for cancellation and
issuing replacement stock options with a lower exercise price or through any other mechanism;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(g) accelerate the time in
which an Award may be exercised or in which an Award becomes payable and waive or accelerate the lapse, in whole or in part, of any restriction
or condition with respect to an Award;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(h) establish objectives and
conditions, including targets for Performance Measures, if any, for earning Awards and determining whether Awards will be paid after the
end of a Performance Period; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(i) permit the deferral of,
or require a Grantee to defer such Grantee&rsquo;s receipt of or the delivery of Stock and/or cash under an Award that would otherwise
be due to such Grantee and establish rules and procedures for such payment deferrals, provided the requirements of Code Section 409A are
met with respect to any such deferral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Committee shall have full power and authority
to administer and interpret this Plan and to adopt such rules, regulations, agreements, guidelines, and instruments for the administration
of this Plan as the Committee deems necessary, desirable or appropriate in accordance with the Articles of Association of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.4.5 To the maximum extent
permitted by law, no member of the Board or Committee or a Designated Officer shall be liable for any action taken or decision made in
good faith relating to this Plan or any Award thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.4.6 The members of the Board
and Committee and any Designated Officer shall be indemnified by the Company in respect of all their activities under this Plan in accordance
with the procedures and terms and conditions set forth in the Memorandum of Association and Articles of Association of the Company as
in effect from time to time. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification to which
such persons may be entitled under the Company&rsquo;s Memorandum of Association and Articles of Association, as a matter of law, or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.4.7 All actions taken and
decisions and determinations made by the Committee or a Designated Officer on all matters relating to this Plan pursuant to the powers
vested in it hereunder shall be in the Committee&rsquo;s or Designated Officer&rsquo;s sole and absolute discretion and shall be conclusive
and binding on all parties concerned, including the Company, its shareholders, any Grantees, and any other Employee, and their respective
successors in interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 4; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.5 <U>Amendment or Termination</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.5.1 The Committee, without
further approval of the Company&rsquo;s shareholders, may amend or terminate this Plan or any portion thereof at any time, except that
no amendment shall become effective without prior approval of the shareholders of the Company to increase the number of shares of Ordinary
Shares subject to this Plan or if shareholder approval is necessary to comply with any tax or regulatory requirement or rule of any national
securities exchange or national automated quotation system upon which the Ordinary Shares is listed or quoted (including for this purpose
shareholder approval that is required for continued compliance with Rule 16b-3 or shareholder approval that is required to enable the
Committee to grant Incentive Stock Options pursuant to this Plan).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.5.2 The Committee shall be
authorized to make minor or administrative amendments to this Plan as well as amendments to this Plan that may be dictated by the requirements
of U.S. federal or state laws applicable to the Company or that may be authorized or made desirable by such laws. The Committee may amend
any outstanding Award in any manner as provided in Section 1.4.4 and to the extent that the Committee would have had the authority to
make such Award as so amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1.5.3 No amendment to this Plan
or any Award may be made that would materially adversely affect any outstanding Award previously made under this Plan without the approval
of the Grantee. Further, no amendment to this Plan or an Award shall be made that would cause any Award to fail to either comply with
or meet an exception from Code Section 409A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.6 <U>Effective Date and
Duration of this Plan</U>. This Plan has been effective since September 20, 2010. The Committee (and the Board), subject to the approval
of the shareholders, has determined that this Plan shall terminate automatically on January 14, 2030, unless terminated earlier by the
Board, except with respect to Awards then outstanding. The Board may terminate this Plan or any portion thereof at any time pursuant to
Section 1.5 hereof, and no Awards may be granted under the Plan after it is terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 0.25in; font-size: 10pt; text-align: justify">2.</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">INCENTIVE STOCK OPTION PROVISIONS</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.1 <U>Granting of Incentive
Stock Options</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.1.1 Only Employees of the
Company shall be eligible to receive Incentive Stock Options under this Plan. Officers, Directors, and Consultants of the Company who
are not also Employees shall not be eligible to receive Incentive Stock Options.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.1.2 The purchase price of
each share of Ordinary Shares subject to an Incentive Stock Option shall not be less than 100% of the Fair Market Value of a share of
the Ordinary Shares on the date the Incentive Stock Option is granted. If an Employee owns or is deemed to own (by reason of the attribution
rules applicable under Section 424(d) of the Code) more than 10% of the combined voting power of all classes of stock of the Company (or
any parent corporation or subsidiary corporation of the Company, as those terms are defined in Sections 424(e) and (f) of the Code, respectively)
and an Incentive Stock Option is granted to such Employee, the exercise price of such Incentive Stock Option (to the extent required by
the Code at the time of grant) shall be no less than 110% of the Fair Market Value of a Share on the date such Incentive Stock Option
is granted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.1.3 No Incentive Stock Option
shall be exercisable more than ten (10) years from the date the Incentive Stock Option was granted; provided however, that if a Grantee
owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10% of the combined voting power
of all classes of stock of the Company (or any parent corporation or subsidiary corporation of the Company, as those terms are defined
in Sections 424(e) and (f) of the Code, respectively) and the Incentive Stock Option is granted to such Grantee, the term of the Incentive
Stock Option shall be (to the extent required by the Code at the time of the grant) for no more than five (5) years from the date of grant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.1.4 The Committee shall determine
and designate from time to time those Employees who are to be granted Incentive Stock Options and specify the number of shares subject
to each Incentive Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.1.5 The Committee, in its
sole discretion, shall determine whether any particular Incentive Stock Option shall become exercisable in one or more installments, specify
the installment dates, and, within the limitations herein provided, determine the total period during which the Incentive Stock Option
is exercisable. Further, the Committee may make such other provisions as may appear generally acceptable or desirable to the Committee
or necessary to qualify its grants under the provisions of Section 422 of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 5; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.1.6 The Committee may grant
at any time new Incentive Stock Options to an Employee who has previously received Incentive Stock Options or other options whether such
prior Incentive Stock Options or other options are still outstanding, have previously been exercised in whole or in part, or are cancelled
in connection with the issuance of new Incentive Stock Options. The purchase price of the new Incentive Stock Options may be established
by the Committee without regard to the existing Incentive Stock Options or other options.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.1.7 Notwithstanding any other
provisions hereof, the aggregate Fair Market Value (determined at the time the option is granted) of the Ordinary Shares with respect
to which Incentive Stock Options are exercisable for the first time by the Employee during any calendar year (under all such plans of
the Grantee&rsquo;s employer corporation and its parent corporation or subsidiary corporation as those terms are defined in Sections 424(e)
and (f) of the Code, respectively) shall not (to the extent required by the Code at the time of the grant) exceed One Hundred Thousand
Dollars ($100,000). To the extent that such aggregate Fair Market Value shall exceed One Hundred Thousand Dollars ($100,000), or other
applicable amount, such Stock Options to the extent of the Ordinary Shares in excess of such limit shall be treated as Non-Statutory Stock
Options. In such case, the Company may designate the shares of Ordinary Shares that are to be treated as Stock acquired pursuant to the
exercise of an Incentive Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.2 <U>Exercise of Incentive
Stock Options</U>. The exercise price of an Incentive Stock Option shall be payable on exercise of the option (i) in cash or by check,
bank draft, or postal or express money order, (ii) ) if provided in the written Award Agreement and permitted by applicable law, by the
surrender of Ordinary Shares then owned by the Grantee, which Ordinary Shares such Grantee has held for at least six (6) months, (iii)
the proceeds of a loan from an independent broker-dealer whereby the loan is secured by the option or the stock to be received upon exercise,
or (iv) any combination of the foregoing; <B><U>provided,</U></B> that each such method and time for payment and each such borrowing and
terms and conditions of repayment shall then be permitted by and be in compliance with applicable law. Shares of Ordinary Shares so surrendered
in accordance with clause (ii) or (iv) shall be valued at the Fair Market Value thereof on the date of exercise, surrender of such Ordinary
Shares to be evidenced by delivery of the certificate(s) representing such shares in such manner, and endorsed in such form, or accompanied
by stock powers endorsed in such form, as the Committee may determine.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.3 <U>Termination of Employment</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.3.1 If a Grantee&rsquo;s employment
with the Company is terminated other than by Disability or death, the terms of any then outstanding Incentive Stock Option held by the
Grantee shall extend for a period ending on the earlier of the date on which such Stock Option would otherwise expire or three (3) months
after such termination of employment, and such Stock Option shall be exercisable to the extent it was exercisable as of such last date
of employment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.3.2 If a Grantee&rsquo;s employment
with the Company is terminated by reason of Disability, the term of any then outstanding Incentive Stock Option held by the Grantee shall
extend for a period ending on the earlier of the date on which such Stock Option would otherwise expire or twelve (12) months after such
termination of employment, and such Stock Option shall be exercisable to the extent it was exercisable as of such last date of employment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2.3.3 If a Grantee&rsquo;s employment
with the Company is terminated by reason of death, the representative of his estate or beneficiaries thereof to whom the Stock Option
has been transferred shall have the right during the period ending on the earlier of the date on which such Stock Option would otherwise
expire or twelve (12) months after such date of death, to exercise any then outstanding Incentive Stock Options in whole or in part. If
a Grantee dies without having fully exercised any then outstanding Incentive Stock Options, the representative of his estate or beneficiaries
thereof to whom the Stock Option has been transferred shall have the right to exercise such Stock Options in whole or in part.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 0.25in; font-size: 10pt; text-align: justify">3.</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">NON-STATUTORY STOCK OPTION PROVISIONS</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.1 <U>Granting of Stock Options</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.1.1 Officers, Employees, Directors,
and Consultants shall be eligible to receive Non-Statutory Stock Options under this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.1.2 The Committee shall determine
and designate from time to time those Officers, Employees, Directors, and Consultants who are to be granted Non-Statutory Stock Options
and the amount subject to each Non-Statutory Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.1.3 The Committee may grant
at any time new Non-Statutory Stock Options to an Employee, Director, or Consultant who has previously received Non-Statutory Stock Options
or other Stock Options, whether such prior Non-Statutory Stock Options or other Stock Options are still outstanding, have previously been
exercised in whole or in part, or are cancelled in connection with the issuance of new Non-Statutory Stock Options.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.1.4 The Committee shall determine
the purchase price of each share of Ordinary Shares subject to a Non-Statutory Stock Option. Such price shall not be less than 100% of
the Fair Market Value of such Ordinary Shares on the date the Non-Statutory Stock Option is granted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.1.5 The Committee, in its
sole discretion, shall determine whether any particular Non-Statutory Stock Option shall become exercisable in one or more installments,
specify the installment dates, and, within the limitations herein provided, determine the total period during which the Non-Statutory
Stock Option is exercisable. Further, the Committee may make such other provisions as may appear generally acceptable or desirable to
the Committee, including the extension of a Non-Statutory Stock Option, provided that such extension does not extend the option beyond
the period specified in Section 3.1.6 below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.1.6 No Non-Statutory Stock
Option shall be exercisable more than ten (10) years from the date such option is granted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.2 <U>Exercise of Stock Options</U>.
The exercise price of a Non-Statutory Stock Option shall be payable on exercise of the Stock Option (i) in cash or by check, bank draft,
or postal or express money order, (ii) if provided in the written Award Agreement and permitted by applicable law, by the surrender of
Ordinary Shares then owned by the Grantee, which Ordinary Shares such Grantee has held for at least six (6) months, (iii) the proceeds
of a loan from an independent broker-dealer whereby the loan is secured by the option or the stock to be received upon exercise, or (iv)
any combination of the foregoing; <B><U>provided,</U></B> that each such method and time for payment and each such borrowing and terms
and conditions of repayment shall then be permitted by and be in compliance with applicable law. Shares of Ordinary Shares so surrendered
in accordance with clause (ii) or (iv) shall be valued at the Fair Market Value thereof on the date of exercise, surrender of such Ordinary
Shares to be evidenced by delivery of the certificate(s) representing such shares in such manner, and endorsed in such form, or accompanied
by stock powers endorsed in such form, as the Committee may determine.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.3 <U>Termination of Relationship</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.3.1 If a Grantee&rsquo;s employment
with the Company is terminated, a Director Grantee ceases to be a Director, or a Consultant Grantee ceases to be a Consultant, other than
by reason of Disability or death, the terms of any then outstanding Non-Statutory Stock Option held by the Grantee shall extend for a
period ending on the earlier of the date established by the Committee at the time of grant or three (3) months after the Grantee&rsquo;s last
date of employment or cessation of being a Director or Consultant, and such Stock Option shall be exercisable to the extent it was exercisable
as of the date of termination of employment or cessation of being a Director or Consultant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.3.2 If a Grantee&rsquo;s employment
is terminated by reason of Disability, a Director Grantee ceases to be a Director by reason of Disability or a Consultant Grantee ceases
to be a Consultant by reason of Disability, the term of any then outstanding Non-Statutory Stock Option held by the Grantee shall extend
for a period ending on the earlier of the date on which such Stock Option would otherwise expire or twelve (12) months after the Grantee&rsquo;s
last date of employment or cessation of being a Director or Consultant, and such Stock Option shall be exercisable to the extent it was
exercisable as of such last date of employment or cessation of being a Director or Consultant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">3.3.3 If a Grantee&rsquo;s employment
is terminated by reason of death, a Director Grantee ceases to be a Director by reason of death or a Consultant Grantee ceases to be a
Consultant by reason of death, the representative of his estate or beneficiaries thereof to whom the Stock Option has been transferred
shall have the right during the period ending on the earlier of the date on which such Stock Option would otherwise expire or twelve (12)
months following his death to exercise any then outstanding Non-Statutory Stock Options in whole or in part. If a Grantee dies without
having fully exercised any then outstanding Non-Statutory Stock Options, the representative of his estate or beneficiaries thereof to
whom the Stock Option has been transferred shall have the right to exercise such Stock Options in whole or in part.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 0.25in; font-size: 10pt; text-align: justify">4.</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">RESTRICTED STOCK AWARDS</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.1 <U>Grant of Restricted
Stock</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.1.1 Officers, Employees, Directors
and Consultants shall be eligible to receive grants of Restricted Stock under this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 7; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.1.2 The Committee shall determine
and designate from time to time those Officers, Employees, Directors and Consultants who are to be granted Restricted Stock and the number
of shares of Ordinary Shares subject to such Stock Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.1.3 The Committee, in its
sole discretion, shall make such terms and conditions applicable to the grant of Restricted Stock as may appear generally acceptable or
desirable to the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.2 <U>Termination of Relationship</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.2.1 If a Grantee&rsquo;s employment
with the Company is terminated, a Director Grantee ceases to be a Director, or a Consultant Grantee ceases to be a Consultant, prior to
the lapse of any restrictions applicable to the Restricted Stock, then such Ordinary Shares shall be forfeited and the Grantee shall return
the certificates representing such Ordinary Shares to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4.2.2 If the restrictions applicable
to a grant of Restricted Stock shall lapse, then the Grantee shall hold such Ordinary Shares free and clear of all such restrictions except
as otherwise provided in this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 0.25in; font-size: 10pt; text-align: justify">5.</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">RESTRICTED STOCK UNIT AWARDS</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.1 <U>Grant of Restricted
Stock Units</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">5.1.1 Officers, Employees, Directors,
and Consultants shall be eligible to receive grants of Restricted Stock Units under this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">5.1.2 The Committee shall determine
and designate from time to time those Officers, Employees, Directors and Consultants who are to be granted Restricted Stock Units and
number of shares of Ordinary Shares subject to such Stock Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">5.1.3 The Committee, in its
sole discretion, shall make such terms and conditions applicable to the grant of Restricted Stock Units as may appear generally acceptable
or desirable to the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.2 <U>Termination of Relationship</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">5.2.1 If a Grantee&rsquo;s employment
with the Company is terminated, a Director Grantee ceases to be a Director, or a Consultant Grantee ceases to be a Consultant, prior to
the lapse of any restrictions applicable to the Restricted Stock Units, then such Ordinary Shares shall be forfeited and the Grantee shall
return the certificates representing such Ordinary Shares to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">5.2.2 If the restrictions applicable
to a grant of Restricted Stock Units shall lapse, then the Grantee shall hold such Ordinary Shares free and clear of all such restrictions
except as otherwise provided in this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 0.25in; font-size: 10pt; text-align: justify">6.</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">PERFORMANCE AWARDS</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.1 The Committee, in its
discretion, may establish targets for Performance Measures for selected Grantees and authorize the granting, vesting, payment, and/or
delivery of Performance Awards in the form of Incentive Stock Options, Non-Statutory Stock Options, Restricted Stock, and Restricted Stock
Units to such Grantees upon achievement of such targets for Performance Measures during a Performance Period. The Committee, in its discretion,
shall determine the Grantees eligible for Performance Awards, the targets for Performance Measures to be achieved during each Performance
Period, and the type, amount, and terms and conditions of any Performance Awards. Performance Awards may be granted either alone or in
addition to other Awards made under this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 8; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 0.25in; font-size: 10pt; text-align: justify">7.</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">GENERAL PROVISIONS</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.1 <U>Adjustment Provisions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">7.1.1 <U>Change
of Control</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(a) <U>Effect of &ldquo;Change
in Control.</U>&rdquo; If and only to the extent provided in the Award Agreement, or to the extent otherwise determined by the Committee,
upon the occurrence of a &ldquo;Change in Control,&rdquo; as defined in Section 7.1.1(b):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(i) The Committee shall take
such action as it deems appropriate and equitable to effectuate the purposes of this Plan and to protect the grantees of Awards, which
action may include, without limitation, any one or more of the following, provided such action is in compliance with Code Section 409A
if applicable: (i) acceleration or change of the exercise and/or expiration dates of any Award to require that exercise be made, if at
all, prior to the Change in Control; and (ii) cancellation of any Award upon payment to the holder in cash of the Fair Market Value of
the Stock subject to such Award as of the date of (and, to the extent applicable, as established for purposes of) the Change in Control,
less the aggregate exercise price, if any, of the Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(ii) Notwithstanding the foregoing
or any provision in any Award Agreement to the contrary, if in the event of a Change in Control, the successor company assumes or substitutes
for a Stock Option or Stock Award, then each such outstanding Stock Option or Stock Award shall not be accelerated as described in Sections
7.1.1(a)(i). For the purposes of this Section 7.1.1(a)(ii), such Stock Option or Stock Award shall be considered assumed or substituted
for if following the Change in Control the Award confers the right to purchase or receive, for each share of Ordinary Shares subject to
the Stock Option or Stock Award immediately prior to the Change in Control, the consideration (whether stock, cash, or other securities
or property) received in the transaction constituting a Change in Control by holders of Ordinary Shares for each share held on the effective
date of such transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a
majority of the outstanding shares); provided, however, that if such consideration received in the transaction constituting a Change in
Control is not solely Ordinary Shares of the successor company or its parent or subsidiary, the Committee may, with the consent of the
successor company or its parent or subsidiary, provide that the consideration to be received upon the exercise or vesting of a Stock Option
or Stock Award, for each share subject thereto, will be solely Ordinary Shares of the successor company or its parent or subsidiary substantially
equal in fair market value to the per share consideration received by holders of Ordinary Shares in the transaction constituting a Change
in Control. The determination of such substantial equality of value of consideration shall be made by the Committee in its sole discretion
and its determination shall be conclusive and binding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(b) <U>Definition of &ldquo;Change
in Control&rdquo;</U>. Unless otherwise specified in an Award Agreement, a &ldquo;Change in Control&rdquo; shall mean the occurrence of
any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(i) The acquisition by any Person
of Beneficial Ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of more than fifty percent (50%) of either
(A) the value of then outstanding equity securities of the Company (the &ldquo;Outstanding Company Stock&rdquo;) or (B) the combined voting
power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the &ldquo;Outstanding
Company Voting Securities&rdquo;) (the foregoing Beneficial Ownership hereinafter being referred to as a &ldquo;Controlling Interest&rdquo;);
provided, however, that for purposes of this Section 7.1.1, the following acquisitions shall not constitute or result in a Change in Control:
(v) any acquisition directly from the Company; (w) any acquisition by the Company; (x) any acquisition by any Person that as of the Effective
Date owns Beneficial Ownership of a Controlling Interest; (y) any acquisition by any employee benefit plan (or related trust) sponsored
or maintained by the Company or any Related Entity; or (z) any acquisition by any entity pursuant to a transaction that complies with
clauses (A), (B), and (C) of subsection 7.1.1(b)(iii) below; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(ii) During any period of two
(2) consecutive years (not including any period prior to the Effective Date) individuals who constitute the Board on the Effective Date
(the &ldquo;Incumbent Board&rdquo;) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual
becoming a director subsequent to the Effective Date whose election, or nomination for election by the Company&rsquo;s shareholders, was
approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual
were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as
a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened
solicitation of proxies or consents by or on behalf of a Person other than the Board; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 9; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(iii) Consummation of a reorganization,
merger, statutory share exchange, or consolidation or similar transaction involving the Company or any of its Related Entities, a sale
or other disposition of all or substantially all of the assets of the Company, or the acquisition of assets or equity of another entity
by the Company or any of its Related Entities (each a &ldquo;Business Combination&rdquo;), in each case, unless, following such Business
Combination, (A) all or substantially all of the individuals and entities who were the Beneficial Owners, respectively, of the Outstanding
Company Stock and Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly,
more than fifty percent (50%) of the value of the then outstanding equity securities and the combined voting power of the then outstanding
voting securities entitled to vote generally in the election of members of the board of directors (or comparable governing body of an
entity that does not have such a board), as the case may be, of the entity resulting from such Business Combination (including, without
limitation, an entity that as a result of such transaction owns the Company or all or substantially all of the Company&rsquo;s assets
either directly or through one or more subsidiaries) in substantially the same proportions as their ownership, immediately prior to such
Business Combination of the Outstanding Company Stock and Outstanding Company Voting Securities, as the case may be, (B) no Person (excluding
any employee benefit plan (or related trust) of the Company or such entity resulting from such Business Combination or any Person that
as of the Effective Date owns Beneficial Ownership of a Controlling Interest) beneficially owns, directly or indirectly, fifty percent
(50%) or more of the value of the then outstanding equity securities of the entity resulting from such Business Combination or the combined
voting power of the then outstanding voting securities of such entity except to the extent that such ownership existed prior to the Business
Combination, and (C) at least a majority of the members of the Board or other governing body of the entity resulting from such Business
Combination were members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board,
providing for such Business Combination; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(iv) Approval by the shareholders
of the Company of a complete liquidation or dissolution of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.1.2 <U>Adjustments to Awards</U>.
In the event that any extraordinary dividend or other distribution (whether in the form of cash, Ordinary Shares, or other property),
recapitalization, forward or reverse split, reorganization, merger, consolidation, spin-off, combination, repurchase, share exchange,
liquidation, dissolution or other similar corporate transaction or event affects the Ordinary Shares and/or such other securities of the
Company or any other issuer such that a substitution, exchange, or adjustment is determined by the Committee to be appropriate, then the
Committee shall, in such manner as it may deem equitable, substitute, exchange, or adjust any or all of (A) the number and kind of Shares
that may be delivered in connection with Awards granted thereafter, (B) the number and kind of Shares by which annual per-person Award
limitations are measured under this Plan&rsquo;s provisions, (C) the number and kind of Shares subject to or deliverable in respect of
outstanding Awards, (D) the exercise price, grant price or purchase price relating to any Award and/or make provision for payment of cash
or other property in respect of any outstanding Award, and (E) any other aspect of any Award that the Committee determines to be appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.1.3 <U>Adjustments in Case
of Certain Transactions</U>. In the event of any merger, consolidation or other reorganization in which the Company does not survive,
or in the event of any Change in Control, any outstanding Awards may be dealt with in accordance with any of the following approaches,
as determined by the agreement effectuating the transaction or, if and to the extent not so determined, as determined by the Committee:
(a) the continuation of the outstanding Awards by the Company, if the Company is a surviving entity, (b) the assumption or substitution
for, as those terms are defined in Section 7.1.1(b)(iv), the outstanding Awards by the surviving entity or its parent or subsidiary, (c)
full exercisability or vesting and accelerated expiration of the outstanding Awards, or (d) settlement of the value of the outstanding
Awards in cash or cash equivalents or other property followed by cancellation of such Awards (which value, in the case of Stock Options,
shall be measured by the amount, if any, by which the Fair Market Value of a share of Ordinary Shares exceeds the exercise or grant price
of the Stock Option as of the effective date of the transaction). The Committee shall give written notice of any proposed transaction
referred to in this Section 7.1.3 a reasonable period of time prior to the closing date for such transaction (which notice may be given
either before or after the approval of such transaction), in order that Grantees may have a reasonable period of time prior to the closing
date of such transaction within which to exercise any Awards that are then exercisable (including any Awards that may become exercisable
upon the closing date of such transaction). A Grantee may condition his exercise of any Awards upon the consummation of the transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.1.4 <U>Other Adjustments</U>.
The Committee (and the Board) is authorized to make adjustments in the terms and conditions of, and the criteria included in, Awards (including
Performance Awards, or performance goals relating thereto) in recognition of unusual or nonrecurring events (including, without limitation,
acquisitions and dispositions of businesses and assets) affecting the Company, any Related Entity or any business unit, or the financial
statements of the Company or any Related Entity, or in response to changes in applicable laws, regulations, accounting principles, tax
rates and regulations or business conditions or in view of the Committee&rsquo;s assessment of the business strategy of the Company, any Related
Entity or business unit thereof, performance of comparable organizations, economic and business conditions, personal performance of a
Grantee, and any other circumstances deemed relevant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.1.5 <U>Fractional Shares</U>.
No adjustment or substitution provided for in this Section 7.1 shall require the Company to sell a fractional share, and the total substitution
or adjustment with respect to each outstanding Stock Option shall be limited accordingly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.1.6 <U>Adjustment Certificates</U>.
Upon any adjustment made pursuant to this Section 7.1 the Company will, upon request, deliver to the Grantee a certificate setting forth
the exercise price thereafter in effect and the number and kind of shares or other securities thereafter purchasable on the exercise of
such Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 10; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.2 <U>General</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.1 Each Stock Option and
Stock Award shall be evidenced by an Award Agreement containing such terms and conditions, not inconsistent with this Plan, as the Committee
shall approve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.2 The granting of a Stock
Option or Stock Award in any year shall not give the Grantee any right to similar grants in future years or any right to be retained in
the employ of the Company, and all Employees shall remain subject to discharge to the same extent as if this Plan were not in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.3 No Officer, Employee,
Director, or Consultant and no beneficiary or other person claiming under or through him, shall have any right, title or interest by reason
of any Stock Option or any Stock Award to any particular assets of the Company, or any shares of Ordinary Shares allocated or reserved
for the purposes of this Plan or subject to any Stock Option or any Stock Award except as set forth herein. The Company shall not be required
to establish any fund or make any other segregation of assets to assure the payment of any Stock Option or Stock Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.4 <U>Limits on Transferability</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(a) Except to the extent otherwise
provided in the respective Award Agreement, no Award, other right, or interest granted under this Plan shall be pledged, hypothecated,
or otherwise encumbered or subject to any lien, obligation, or liability of such Grantee to any party, or assigned or transferred by such
Grantee otherwise than by will or the laws of descent and distribution or to a Beneficiary upon the death of a Grantee. Unless otherwise
determined by the Committee in accordance with the provisions of the immediately preceding sentence, an Award may be exercised during
the lifetime of the Grantee only by the Grantee or, during the period the Grantee is under a Disability, by the Grantee&rsquo;s guardian
or legal representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(b) Notwithstanding Section
7.2.4(a), an Award other than an Incentive Stock Option may, in the Committee&rsquo;s sole discretion, be transferable by gift or domestic
relations order to (i) the Grantee&rsquo;s child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling,
niece, nephew, mother-in-law, father-in-law, daughter-in-law, son-in-law, brother-in-law, or sister-in-law, including adoptive relationships
(such persons, &ldquo;Family Members&rdquo;), (ii) a corporation, partnership, limited liability company, or other business entity whose
only shareholders, partners, or members, as applicable are the Grantee and/or Family Members, or (iii) a trust in which the Grantee and/or
Family Members have all of the beneficial interests, and subsequent to any such transfer any Award may be exercised by any such transferee,
provided, however, no Award may be transferred for value (as defined in the General Instructions to Form S-8 Registration Statement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(c) Notwithstanding Sections
7.2.4(a) and 7.2.4(b), an Award may be transferred pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the
Code if such Section applied to an Award under this Plan, but only if the tax consequences flowing from the assignment or transfer are
specified in said order, the order is accompanied by signed agreement by both or all parties to the domestic relations order, and, if
requested by the Committee, an opinion is provided by qualified counsel for the Grantee that the order is enforceable by or against this
Plan under applicable law, and said opinion further specifies the tax consequences flowing from the order and the appropriate tax reporting
procedures for this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.5 Notwithstanding any other
provision of this Plan or agreements made pursuant thereto, the Company&rsquo;s obligation to issue or deliver any certificate or certificates
for shares of Ordinary Shares under a Stock Option or Stock Award, and the transferability of Ordinary Shares acquired by exercise of
a Stock Option or grant of a Stock Award, shall be subject to all of the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(a) Any registration or other
qualification of such shares under any state or federal law or regulation, or the maintaining in effect of any such registration or other
qualification that the Board shall, in its absolute discretion upon the advice of counsel, deem necessary or advisable; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(b) The obtaining of any other
consent, approval, or permit from any state or federal governmental agency that the Board shall, in its absolute discretion upon the advice
of counsel, determine to be necessary or advisable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company may, to the extent deemed necessary
or advisable by the Committee, postpone the issuance or delivery of Ordinary Shares or payment of other benefits under any Award until
completion of such registration or qualification of such Ordinary Shares (including, but not limited to, the conditions described in Sections
7.2.5(a) and 7.2.5(b) above) or other required action under any federal or state law, rule or regulation, listing, or other required action
with respect to any stock exchange or automated quotation system upon which the Shares or other Company securities are listed or quoted,
or compliance with any other obligation of the Company, as the Committee, may consider appropriate, and may require any Grantee to make
such representations, furnish such information and comply with or be subject to such other conditions as it may consider appropriate in
connection with the issuance or delivery of Shares or payment of other benefits in compliance with applicable laws, rules, and regulations,
listing requirements, or other obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 11; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.6 All payments to Grantees
or to their legal representatives shall be subject to any applicable tax, community property, or other statutes or regulations of the
United States or of any state or country having jurisdiction over such payments. The Grantee may be required to pay to the Company the
amount of any withholding taxes that the Company is required to withhold with respect to a Stock Option or its exercise or a Stock Award.
In the event that such payment is not made when due, the Company shall have the right to deduct, to the extent permitted by law, from
any payment of any kind otherwise due to such person all or part of the amount required to be withheld.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.7 In the case of a grant
of a Stock Option or Stock Award to any Employee of a Subsidiary, the Company may, if the Committee so directs, issue or transfer the
shares, if any, covered by the Stock Option or Stock Award to such Subsidiary, for such lawful consideration as the Committee may specify,
upon the condition or understanding that such Subsidiary will transfer the shares to the Employee in accordance with the terms of the
Stock Option or Stock Award specified by the Committee pursuant to the provisions of this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.8 A Grantee entitled to
Ordinary Shares as a result of the exercise of a Stock Option or grant of a Stock Award shall not be deemed for any purpose to be, or
have rights as, a shareholder of the Company by virtue of such exercise, except to the extent that a stock certificate is issued therefor
and then only from the date such certificate is issued. No adjustments shall be made for dividends or distributions or other rights for
which the record date is prior to the date such stock certificate is issued. The Company shall issue any stock certificates required to
be issued in connection with the exercise of a Stock Option with reasonable promptness after such exercise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.9 The grant or exercise
of Stock Options granted under this Plan or the grant of a Stock Award under this Plan shall be subject to, and shall in all respects
comply with, applicable law relating to such grant or exercise, or to the number of shares of Ordinary Shares that may be beneficially
owned or held by any Grantee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.10 The Company intends that
this Plan shall comply with the requirements of Rule 16b-3 (the &ldquo;Rule&rdquo;) under the Securities Exchange Act of 1934, as amended,
during the term of this Plan. Should any additional provisions be necessary for this Plan to comply with the requirements of the Rule,
the Board may amend this Plan to add to or modify the provisions of this Plan accordingly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.11 <U>Code Section 409A</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(a) If any Award constitutes
a &ldquo;nonqualified deferred compensation plan&rdquo; under Section 409A of the Code (a &ldquo;Section 409A Plan&rdquo;), then the Award
shall be subject to the following additional requirements, if and to the extent required to comply with Section 409A of the Code:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(i) Payments under the Section
409A Plan may not be made earlier than (u) the Grantee&rsquo;s separation from service, (v) the date the Grantee becomes disabled, (w)
the Grantee&rsquo;s death, (x) a specified time (or pursuant to a fixed schedule) specified in the Award Agreement at the date of the
deferral of such compensation, (y) a change in the ownership or effective control of the corporation, or in the ownership of a substantial
portion of the assets of the corporation, or (z) the occurrence of an unforeseeable emergency;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(ii) The time or schedule for
any payment of the deferred compensation may not be accelerated, except to the extent provided in applicable Treasury Regulations or other
applicable guidance issued by the Internal Revenue Service;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(iii) Any elections with respect
to the deferral of such compensation or the time and form of distribution of such deferred compensation shall comply with the requirements
of Section 409A(a)(4) of the Code; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 2in">(iv) In the case of any Grantee
who is specified employee, a distribution on account of a separation from service may not be made before the date that is six (6) months
after the date of the Grantee&rsquo;s separation from service (or, if earlier, the date of the Grantee&rsquo;s death).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For purposes of the foregoing, the terms &ldquo;separation
from service&rdquo;, &ldquo;disabled,&rdquo; and &ldquo;specified employee&rdquo;, all shall be defined in the same manner as those terms
are defined for purposes of Section 409A of the Code, and the limitations set forth herein shall be applied in such manner (and only to
the extent) as shall be necessary to comply with any requirements of Section 409A of the Code that are applicable to the Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 12; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(b) The Award Agreement for
any Award that the Committee reasonably determines to constitute a Section 409A Plan, and the provisions of this Plan applicable to that
Award, shall be construed in a manner consistent with the applicable requirements of Section 409A, and the Committee, in its sole discretion
and without the consent of any Grantee, may amend any Award Agreement (and the provisions of this Plan applicable thereto) if and to the
extent that the Committee determines that such amendment is necessary or appropriate to comply with the requirements of Section 409A of
the Code. No Section 409A Plan shall be adjusted, modified, or substituted for, pursuant to any provision of this Plan, without the consent
of the Grantee if any such adjustment, modification, or substitution would cause the Section 409A Plan to violate the requirements of
Section 409A of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(c) The Company intends that
this Plan shall comply with the requirements of Section 409A of the Code, to the extent applicable. Should any changes to this Plan be
necessary for this Plan to comply with the requirements of Section 409A, the Board may amend this Plan to add to or modify the provisions
of this Plan accordingly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.12 The validity, construction,
and effect of this Plan, any rules and regulations under this Plan, and any Award Agreement shall be determined in accordance with the
laws of the State of New York without giving effect to principles of conflict of laws, and applicable federal law. Unless otherwise provided
in the Award Agreement, recipients of an Award under this Plan are deemed to submit to the exclusive jurisdiction and venue of the federal
or state courts whose jurisdiction covers New York to resolve any and all issues that may arise out of or relate to this Plan or any related
Award Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.13 The Board shall have
the authority to adopt such modifications, procedures, and subplans as may be necessary or desirable to comply with provisions of the
laws of foreign countries in which the Company or its Related Entities may operate to assure the viability of the benefits from Awards
granted to Grantees performing services in such countries and to meet the objectives of this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">7.2.14 The Company will seek
shareholder approval in the manner and to the degree required under applicable laws. If the Company fails to obtain any required shareholder
approval of this Plan within twelve (12) months after the date this Plan is adopted by the Board, pursuant to Section 422 of the Code,
any Option granted as an Incentive Stock Option at any time under this Plan will not qualify as an Incentive Stock Option within the meaning
of the Code and will be deemed to be a Non-Statutory Stock Option.</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">13</P>

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>4
<FILENAME>ea170074ex23-1_chinajojo.htm
<DESCRIPTION>CONSENT OF BDO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP, AN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 23.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><IMG SRC="ex23-1_001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">China Jo-Jo Drugstores, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Hangzhou City, P.R. China</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We hereby consent to the incorporation by reference
in this Registration Statement on Form S-8 of China Jo-Jo Drugstores, Inc. of our report dated June 28, 2021, relating to the consolidated
financial statements of China Jo-Jo Drugstores, Inc. for the fiscal year ended March 31, 2021 appearing in the Company&rsquo;s Annual
Report on Form 20-F for the fiscal year ended March 31, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>/s/ BDO CHINA SHU LUN PAN Certified Public Accountants LLP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="ex23-1_002.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Shanghai, People&rsquo;s Republic of China</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">December 15, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>5
<FILENAME>ea170074ex23-2_chinajojo.htm
<DESCRIPTION>CONSENT OF YCM CPA, INC., AN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: right; text-indent: -0.25in; background-color: white"><B>Exhibit
23.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in; background-color: white"><IMG SRC="ex23-2_001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We consent to the inclusion in this Registration
Statement on Form S-8 of CHINA JO-JO DRUGSTORES, INC. of our report dated July 28, 2022, with respect to the consolidated balance sheet
of CHINA JO-JO DRUGSTORES, INC., and its subsidiaries as of March 31, 2022, and the related consolidated statement of operations and comprehensive
loss, changes in equity and cash flows for the year ended March 31, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><U>/s/ YCM CPA, Inc.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">YCM CPA,
Inc. (PCAOB ID 6781)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Irvine, California</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">December 15, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>6
<FILENAME>ea170074ex-fee_chinajojo.htm
<DESCRIPTION>FILING FEE TABLE
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
107</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Calculation
of Filing Fee Tables</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>S-8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Form
Type)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>China
Jo-Jo Drugstores, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Exact
Name of Registrant as Specified in its Charter)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Not Applicable</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Translation
of Registrant&rsquo;s Name into English)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Table
1: Newly Registered and Carry Forward Securities</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="font-size: 8pt; vertical-align: bottom">
    <TD STYLE="font-size: 8pt; vertical-align: top; padding-bottom: 1.5pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Security
    Type</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Security Class
    Title</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Fee<BR> Calculation<BR>
    or Carry<BR> Forward<BR> Rule</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Amount<BR>
    Registered(1)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Proposed<BR>
    Maximum<BR> Offering<BR> Price Per<BR> Share(2)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Maximum<BR>
    Aggregate<BR> Offering<BR> Price(2)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Fee<BR>
    Rate</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Amount
    of<BR> Registration<BR> Fee</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Carry<BR> Forward<BR>
    Form<BR> Type</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Carry<BR> Forward<BR>
    File<BR> Number</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Carry<BR> Forward<BR>
    Initial<BR> effective<BR> date</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Filing Fee<BR> Previously<BR>
    Paid In<BR> Connection<BR> with<BR>
    Unsold<BR> Securities to<BR> be Carried<BR> Forward</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: bottom">
    <TD COLSPAN="35" STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Newly Registered Securities
    </B></FONT><TR STYLE="font-size: 8pt; vertical-align: bottom; background-color: rgb(204,238,255)"><TD STYLE="font-size: 8pt; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 12%; text-align: left"><FONT STYLE="font-size: 8pt">Fees
                                            to Be Paid</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; vertical-align: top; text-align: center; width: 8%"><FONT STYLE="font-size: 8pt">Equity</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 15%; text-align: center"><FONT STYLE="font-size: 8pt">Ordinary Shares, $0.012 par value per share</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 7%; text-align: center"><FONT STYLE="font-size: 8pt">Rule 457(c)</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; width: 4%; text-align: right"><FONT STYLE="font-size: 8pt">2,130,000</FONT></TD><TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font-size: 8pt; width: 4%; text-align: right"><FONT STYLE="font-size: 8pt">2.1145</FONT></TD><TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font-size: 8pt; width: 4%; text-align: right"><FONT STYLE="font-size: 8pt">4,503,885</FONT></TD><TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; width: 4%; text-align: right"><FONT STYLE="font-size: 8pt">0.00011020</FONT></TD><TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font-size: 8pt; width: 4%; text-align: right"><FONT STYLE="font-size: 8pt">496.33</FONT></TD><TD STYLE="font-size: 8pt; width: 1%; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 4%; text-align: center"><FONT STYLE="font-size: 8pt">N/A</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 4%; text-align: center"><FONT STYLE="font-size: 8pt">N/A</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 4%; text-align: center"><FONT STYLE="font-size: 8pt">N/A</FONT></TD><TD STYLE="font-size: 8pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; width: 4%; text-align: center"><FONT STYLE="font-size: 8pt">N/A</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 8pt; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">Fees Previously Paid</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD COLSPAN="35" STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Carry Forward
    Securities</B></FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 8pt; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Carry
    Forward Securities</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="8" STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Total Offering
    Amounts</B></FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left">$</TD><TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;4,503,885</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font-size: 8pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 1.5pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">496.33</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="8" STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Total Fees
    Previously Paid</B></FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"></TD><TD STYLE="font-size: 8pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt"></FONT></TD><TD STYLE="font-size: 8pt; text-align: right"></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 8pt; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="8" STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Total Fee
    Offsets</B></FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 8pt; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="8" STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Net Fee Due</B></FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1.5pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">496.33</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
    accordance with Rule 416 under the Securities Act of 1933, as amended, this registration statement shall also be deemed to cover
    any additional securities that may from time to time be offered or issued to prevent dilution resulting from stock splits, stock
    dividends or similar transactions.</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Estimated
    solely for the purpose of calculating the amount of the registration fee pursuant to Rules 457(c) under the Securities Act of 1933,
    as amended, based on the average of the high and low prices of the Registrant&rsquo;s ordinary shares on December 8, 2022.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>ex5-1_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex5-1_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  N 0\# 2(  A$! Q$!_\0
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MV\:3:!#9^&/&%KH>LWLZLP$L5I9RR19'F1H""?T,21)%#+NP6=1N1T)*,5)
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MQU:Q!_H6G@>4C .QDAC?9(%=@9@QDY3Y'M"%GB(=Q-F:%X@3&X_C+_X+E_\
M!.;XJ?L?_&W1/^"P_P#P3V6\\(^._ GB&U\5_M ^#O"NF?:TM-2N;V33I_BO
M8:%9-+]J\)^,H+RYT7XP^&7BNTOM.N$\3V]L]_IUV;7RLMQ=+&X:> S#EE7G
M*<<MK1TE2M.:C"HVWS)ZIJ*BK6M9Q3/3S#"XC**U+,LK2CAI\E7,J33?,N2'
M,Z48N-GRQWES:N_D?IW_ ,'+[!O^"1OQT;'*?$#X(Q.QSN9H?BEHD:L^0"6:
M)$.0,$$%25Q7T7_P0:X_X)#?L1?]DOUT?B?B7XVQ_*OQA_X*2?\ !0_X9?\
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MAI)K$J/,DFW[J7O*RM>_RS_P5 _;'\3_ /!P%\>O@5^P[_P3X^'GC+Q;\*O
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MR.[B:9&A4;HVS^C<4\;C>K$J<Y)1QD[BO *@]02#C!4AA\KJ3_)!_P %#_\
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MZFT_5+*[B6]TN<-<:;<1;)(IY9"&C;9*NS\-_AQX%^$G@O0OA[\-/">@^!O
M_AJVDL_#WA3PSIUII.AZ/9RW,UW)#8:?90P6]NL]U<3WDZI'\UU<3N6;<#7M
M8_.O[0R[#X&JFZ]"493K.[E4DN;WI-WU:<8O35+1J]EX>"R)8'-LPS&ERPI8
M_#4\)&A&RITL/2?-#V44KQES.HVY2E%\S]U;G81AOGXY./3GA ?;L1VKX=_X
M*8.H_P"">?[;P)P1^RG\>G(Z_*OPV\0Y/U/\*_>8_*H8@BON8_*W''RG^1_P
M'2N8\6>%?#WC?P[KW@_Q?HFE^)?"?BC2;O0/$/A[6K6*_P!)UK2-5M[BPU'3
M=2L+J.:UN;*ZMKEHIHI(F$J%E?@)CR*$HT,51Q56]H2ISDHM6]V:T5TWJHZ7
MZ[Z'LXBD\5A<7AH63G3E23EYTU%-^??;J?S"?\&CKJ__  3B^)VP[@W[57C>
M<, =IBE^'?PDO(V#_=)-O<P.RYWH7,;JLJ2(O]4BG[P[AF!_$[A]?E8'CUQU
M! \:^"G[/OP3_9S\)WO@3X%?"OP%\(?"6HZU=^(;[PW\.O"^C^$]%NM<O;6Q
ML[K5[BPT6RL;>XU*>QT[3;&6^FB>ZDM-/LK>25X[6$+[.!C\>ON< ?R%=&88
MB&,QV*Q=/F]GB*OM(*5KJ/)2C;[Z;^\Y\JPDL#EF"P<[<^&H*E)QUYFJM>=V
M^MU46NA2N6V'<0V,1X(4L/EE!/W0<8!SSU )' )K_-F_X(M?\%%OV9_^"<_[
M;'[;WQ!_:5UGQ5I7A[XA6_BOPCX>;P?X,U'QCJ%QK.G_ !BO]5EM9XM-O5&G
MA+-)KG_3[6%65$9+F1IH86_TE;R(2R*)55H62. J5BD\S[1.JR)(DT$@$7R1
MYV2 L&?*ADC:OA:Z_P""8'_!.S5;V^U35?V*OV:=3U+4+VZN]0U"]^#_ (+G
MO+Z]EE;[5=W5Q-I<LDT]Q.'EDE9@7+9*AB2>K*\UR[!T\90S"ABJE.O&,&Z$
MZ<)+E?->,I1G9MM6O'2SWN>=G>59CC,1E.)P%;"4YY?BZF-IJO"I)2J58JG*
M-3DG'FCRQVBX.[UEH?F(G_!T?_P2?0L#XT^-V&=FP?@GXH)Q]T=;@ <*"%7Y
M0,#@Y D_XBD?^"3N0%\9_&[+,50?\*2\2\MUQG[1VR/T]:_2X?\ !+#_ ()N
M.6S^PY^S!\IV\?!OP..  >^C'UIX_P""67_!-Q!Q^PY^S =IWC/P:\#'!/RY
M!_L7VJ_K/"SU6%S6W1.OAT[7>]L/9ZW^\GZMQ;!SC#%9.XRDVG*ABN9<S;TM
MB$EK)I7OHEYLR/V$/^"FO[+G_!2/1_B9K_[,6M^,=:T_X3ZGH&B^,1XN\':C
MX/GL]0\1VNH7VD)!!JA+WMO<V^FW[?:K1WCMY+66.\,&^V^T_@W_ ,'@D\*_
ML:_LOGS%15_:5UE,L=N"OP9^(R'&[' DC=,CY0VQ0<R1!OZ>/@Q^S!^SW^SC
M8^(M+_9_^#'PW^#6F>+[BWO_ !/9?#GPKI'A2UUS4+.VELK&ZU*TT>SM(+J:
MVM[F6-+B13,$V1Y,:(%L?'+]FKX"?M+Z%I?A?X_?"/P!\7_#>BZC-JFB:%\0
MO#6F>*-(TO6Y[&?3WU.TL-0MG6&Y-E<7%N9XY5<1S2! C[)$PI8S"8;&O%82
M-2-)*2HTZS4I1A*G*%IN$8)RO*;35E:UU=:]>,RW%8W*98/%U*;KXC"4L/BY
MT.:,'*E5E5YZ7M.=Q<FH)\W.DDTELSD_V)(\_L<?LH'&2G[-WP04CC(8?#/P
MP<$D\$9Y'4,,'!!Q]&WUH]YB&6S2>W9)!*CR0^6ZD!=KHP,DK,C.BP,Z6D\,
MMW%=D!HLL\-:#H_A?1-.\.^'M-L=%T#1+*STK1=%TRUMK'2]'TNPL[>UL=-T
MVSM(((;:QM+>)(K>!4Q$@V(1&J(F[7%.IS5958[N3DI:IZMO6UKN[?3T/0P]
M&"PT:5:E3FY4H0J1:;C[L(TURKFT]V$7ONV]K)?PG_\ !2']F3XN_P#!!_\
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#H?_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>ex23-1_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex23-1_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !, BH# 2(  A$! Q$!_\0
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MYFO"KC1K;7OC1=Z7=[Q;W%_(K^6<'J>E=1X]^$NB^'_"EUJVG7-PLMMABDS
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M+.3B1%W-(>@'X9KUO%!%'UB5K!R*]SY_/@G776)I=-O(I(]@V(H8$#<>H/\
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MOW%CJ-W'.8)DA<(J1H5<Y3=U)//4 8YI/^$LS(R#3V+JX0Y<*,DXZG ['\J
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MH^=X6))^7.?F_P![\A4-WXFUBS@!GB@@DVE_WL#\@#.,9]>,UVM(0#U /UH
MY_3M2UBXOH!/:I]ED^;S5C*_+AN>3QR%_.NAH'%% !1110 4444 %%%% !11
M10 4444 8WBR-YO">J11(7D>W954=2:\K\-:S9_#2VECU#?=7UV TEO 1^Y
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M\$?-N;;Q[ C\:8UQHRJI=I=I\P#<'Z@D-_P+J/4TC7&A2(Z\A'C1<*K@%5;
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IHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH __]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>ex23-1_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex23-1_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  I :0# 2(  A$! Q$!_\0
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DH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>ex23-2_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex23-2_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "V 3T# 2(  A$! Q$!_\0
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MM15SUVC&:>,CM3J3FE=]06@M%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
*%%% !1110!__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
