Baolüte-KY Announces Board and Supervisor Changes at Subsidiary Zhejiang Baolüte Environmental Technology Engineering Co., Ltd. Due to Term Expiration

1. Date of Change: 115/07/30 2. Type of Appointment or Change (please enter legal person director, legal person supervisor, independent director, natural person director, or natural person supervisor): Natural person director and natural person supervisor 3. Former Position and Name: Director: Ou Zhiwen Director: Diao Xiuhua Director: Ji Qiuhuang Supervisor: Zhou Qun 4. Former Resume: Director: Ou Zhiwen, Chairman of Baolüte Resource Recycling Engineering Co., Ltd. Director: Diao Xiuhua, General Manager of Kunding Green Energy Environmental Protection Co., Ltd. Director: Ji Qiuhuang, General Manager of Zhejiang Baolüte Environmental Technology Engineering Co., Ltd. Supervisor: Zhou Qun, Deputy General Manager of Zhejiang Anshun Chemical Fiber Co., Ltd. 5. New Position and Name: Director: Lin Junhua Director: Ou Zhiwen Director: Diao Xiuhua Supervisor: Zhou Qun 6. New Resume: Director: Lin Junhua, General Manager of Baolüte Resource Recycling Engineering Co., Ltd. Director: Ou Zhiwen, Chairman of Baolüte Resource Recycling Engineering Co., Ltd. Director: Diao Xiuhua, General Manager of Kunding Green Energy Environmental Protection Co., Ltd. Supervisor: Zhou Qun, Deputy General Manager of Zhejiang Anshun Chemical Fiber Co., Ltd. 7. Nature of Change (please enter 'resignation', 'dismissal', 'term expiration', 'deceased', or 'new appointment'): Term expiration 8. Reason for Change: Term expiration 9. Number of Shares Held by New Appointee at Time of Election: 0 10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): 112/11/01 ~ 115/10/31 11. Effective Date of New Appointment: 115/07/30 12. Director Turnover Rate During Same Term: Not applicable 13. Independent Director Turnover Rate During Same Term: Not applicable 14. Supervisor Turnover Rate During Same Term: Not applicable 15. More than one-third of directors changed (yes or no): Yes 16. Other Matters to be Clarified (if the subject of the event or resolution is a publicly issued company or above, this major information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholder rights or securities prices): None.