[EXECUTION VERSION CREDIT AGREEMENT Dated as of August 8, 2013 between CHINA BIOLOGIC PRODUCTS, INC. and CHINA MERCHANTS BANK CO., LTD., NEW YORK BRANCH TABLE OF CONTENTS Page No. SECTION 1 Definitions 1 1.1 Definitions 1 1.2 Other Definitional Provisions 8 1.3 Computation of Time Periods 8 1.4 Accounting Terms 8 SECTION 2 THE CREDIT FACILITIES 9 2.1 Term Loan] [STANDBY LETTER OF CREDIT DATE OF ISSUE: August 7, 2013 ADVISING BANK: CHINA MERCHANTS BANK CO., LTD., NEW YORK BRANCH STANDBY LETTER OF CREDIT REF.: 110LG1300050 DATE OF EXPIRY: February 7, 2015 BENEFICIARY (NAME AND ADDRESS): CHINA MERCHANTS BANK CO., LTD., NEW YORK BRANCH, NY DEAR SIRS, AT THE REQUEST OF SHANDONG TAIBANG BIOLOGICAL PRODUCTS CO., LTD. (APPLICANT), WE HEREBY] [Guarantee Agreement Agreement This Guarantee Agreement (hereinafter referred to as this “ 1. Principal Shandong Taibang Biological Products Co., Ltd., as the principal (hereinafter referred to as the “ 2. Guarantor China Merchants Bank Co., Ltd., Beijing Shuangyushu Branch, as the guarantor (hereinafter referred to as the “ [ ] Credit Agreement The Agreement constitutes an integral part of the] []

[FOR RELEASE August 6, 2013 China Biologic Reports Financial Results for the Second Quarter and First Half of 2013 2Q13 Total Sales Up 6.2% / 1H Total Sales Up 10.2% 2Q13 Operating Margin Up to 47.2% / 1H Operating Margin Up to 47.7% 2Q13 Non-GAAP Net Income Up 30.8% / 1H Non-GAAP Net Income Up 29.9% Agrees to Repurchase 1.48] []

[EXECUTION VERSION STRICTLY CONFIDENTIAL REDEMPTION AGREEMENT Agreement Company Seller Seller Affiliate Parties Party (Hong Kong ID No. R330968(0), “ This REDEMPTION AGREEMENT (this “ Common Stock WHEREAS, Seller desires to sell to the Company, and the Company desires to redeem and acquire from Seller, an aggregate of 1,479,704 shares of common stock (“ NOW THEREFORE, in consideration of the foregoing] []

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