[CLIFFORD CHANCE 高 偉 紳 律 師 行 EXECUTION VERSION US$65,000,000 FACILITY AGREEMENT September 25, 2012 Dated __ for GOLDEN MEDITECH HOLDINGS LIMITED arranged by TAIWAN COOPERATIVE BANK with acting as Coordinator Deutsche Bank AG, Offshore Banking Branch acting as Facility Agent TAIWAN COOPERATIVE BANK, LTD., Hong Kong branch acting as Security Agent TAIWAN COOPERATIVE BANK, ltd., hong kong branch] [EXECUTION VERSION PLEDGE AGREEMENT Dated as of September 25, 2012 between GOLDEN MEDITECH HOLDINGS LIMITED and TAIWAN COOPERATIVE BANK, LTD., HONG KONG BRANCH TABLE OF CONTENTS Page Section 1. Definitions. 1 Section 2. Pledge. 3 Section 3. 6 Section 4. Covenants 6 Section 5. Voting Rights and Certain Payments. 7 Section 6. All Payments in Trust 7 Section 7. Remedies.]

[CLIFFORD CHANCE EXECUTION VERSION US$65,000,000 FACILITYREEMENT September 25, 2012ted __ for GOLDEN MEDITECHS LIMITED arranged by TAIWANOPERATIVE BANK with actingordinator Deutsche Bank Offshore Banking Branch acting Facilityent TAIWANOPERATIVE BANK, Hong Kong branch acting Securityent TAIWANOPERATIVE BANK, hong kong branch] [EXECUTION VERSION PLEDGEREEMENTted of September 25, 2012 between GOLDEN MEDITECHS LIMITED and TAIWANOPERATIVE BANK, HONG KONG BRANCH TABLE OFNTENTS Page Section 1. Definitions. 1 Section 2. Pledge. 3 Section 3. 6 Section 4.venants 6 Section 5. Voting Rights and Certain Payments. 7 Section 6.]