Introduction of Shandong Hailong Co., Ltd.

Shandong Hailong Co., Ltd. was listed on the Shenzhen Stock Exchange on February 26th with a registered capital of 864 million yuan and total assets of 5.3 billion yuan. Now it has jurisdiction over four holding subsidiaries, such as Shandong Hailong Bolete Chemical Fiber Co., Ltd., Shandong Hailong Textile Technology Co., Ltd. and Xinjiang Hailong Chemical Fiber Co., Ltd.