The morning of July 12th, the company in the conference room held the third session of the second meeting of the board of directors, the meeting convened by the board of directors of the company, all members of the board of directors present at the meeting, the company board, senior management and intermediary agency representatives to attend the meeting. The conference was presided over by the chairman of the board Mr. Guo Liuxi. The conference convened, convening and voting procedures comply with the relevant provisions of the "company law" and "articles of association", the legal and effective.

Chairman Mr. Guo Liuxi first read assembly process. The participants of the bill for careful consideration, demonstrates the feasibility to discuss about non - public offering of stock investment projects from the national industrial policy and industrial planning support, technical support and sales of security measures, and put forward the reasonable opinions and suggestions. Subsequently, the independent director Mr. Liu Dianchen on behalf of all independent directors to the board of directors give independent opinions, he pointed out that the company complies with the non-public offering of stock of the qualifications and conditions, to raise funds in the market prospect of good investment projects, in line with the long-term development objectives of the company and all the shareholders interests.
Congress has considered "on the company's compliance with non-public offering of stock conditions bill" "on the 2014 non-public offering of shares of the motion program" 11 important bill, the bill was approved by both. The main bill this Congress will consider the adoption also submitted to the general meeting of shareholders to vote on the board of directors, the company. The conference related disclosure documents while notice to the gem information disclosure website designated by the csrc.