Changhe Announces Key Resolutions from 115th Annual Shareholders' Meeting

1. Date of Annual Shareholders' Meeting: June 15, 115 2. Important Resolution One, Allocation of Profits or Loss Coverage: Approved the proposal for loss coverage for the year 114. 3. Important Resolution Two, Amendments to Articles of Incorporation: None. 4. Important Resolution Three, Business Report and Financial Statements: Approved the business operations report and financial settlement documents for the year 114. 5. Important Resolution Four, Election of Directors and Supervisors: Full board election proposal passed. List of elected members: 4 Directors: (1) Chen Mingze, (2) Li Ruibi, (3) Liu Ruitu, representative of Nade International Co., Ltd., (4) Chen Yaoxiang 4 Independent Directors: (1) Guo Jianxing, (2) Zhang Hongrui, (3) Chen Jianwen, (4) Zhang Zhengchun 6. Important Resolution Five, Other Matters: Approved the removal of non-compete restrictions for newly appointed directors. 7. Other Matters to be Disclosed: None.