Interim Measures for the Administration of National Small and Medium-sized Enterprises Share Transfer System Limited Liability Company (revised on 20 17)

Chapter I General Provisions Article 1 In order to strengthen the management of National Small and Medium-sized Enterprise Share Transfer System Co., Ltd. (hereinafter referred to as National Share Transfer System Company), clarify its rights and responsibilities, and maintain the normal order of stock listing transfer and related activities, these Measures are formulated in accordance with the Company Law, the Securities Law and other laws and administrative regulations. Article 2 The national share transfer system for small and medium-sized enterprises (hereinafter referred to as the national share transfer system) is a national stock exchange approved by the State Council. Article 3 Companies whose shares are listed in the national share transfer system (hereinafter referred to as listed companies) are unlisted public companies with more than 200 shareholders, and are subject to the unified supervision and management of China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission). Article 4 The National Stock Transfer System Company is responsible for organizing and supervising the stock transfer and related activities of listed companies, and implementing self-discipline management. Article 5 The national share transfer system company shall adhere to the principle of giving priority to public welfare, maintain an open, fair and just market environment, ensure the normal operation of the national share transfer system, and provide high-quality, efficient and low-cost financial services for all participants in the national share transfer system. Article 6 The transfer of shares listed in the national share transfer system and related activities must abide by laws, administrative regulations and rules, and illegal acts such as fraud, insider trading and market manipulation are prohibited. Article 7 The China Securities Regulatory Commission shall, in accordance with the law, exercise unified supervision and management over all business activities of the National Share Transfer System Corporation and all participants in the National Share Transfer System, maintain the operation order of the National Share Transfer System, and investigate and deal with violations of laws and regulations according to law. Chapter II Functions of the National Share Transfer System Corporation Article 8 The functions of the National Share Transfer System Corporation include:

(1) Establish, maintain and improve technical systems and facilities related to share transfer.

(2) Formulating and amending the business rules of the national share transfer system;

(3) Accepting and examining applications for stock listing and related businesses, and arranging the listing of qualified companies;

(4) Organizing and supervising stock transfer and related activities;

(five) to supervise the participants in the national share transfer system, such as the sponsoring brokers;

(6) Supervising listed companies and other information disclosure obligors;

(7) Managing and publishing relevant information of the national share transfer system;

(eight) other functions approved by the China Securities Regulatory Commission. Article 9 The National Stock Transfer System Company shall formulate basic business rules such as stock listing, stock transfer, management of sponsoring securities firms, management of listed companies, and investor suitability management according to law.

The formulation and revision of basic business rules by the National Share Transfer System Company shall be approved by the China Securities Regulatory Commission. The formulation and revision of other business rules shall be reported to the China Securities Regulatory Commission for the record. Tenth new securities listed in the national share transfer system shall be reported to the China Securities Regulatory Commission, and the new transfer method shall be reported to the China Securities Regulatory Commission for approval. Article 11 The national share transfer system company shall provide guarantee for organizing fair share transfer and publish the real-time market of share transfer. Without the permission of the National Stock Transfer System Corporation, no unit or individual may publish, use or disseminate the real-time stock transfer quotation. Article 12 The funds and fees collected by the National Share Transfer System Company shall conform to the provisions of the relevant competent departments, and give priority to the maintenance and improvement of relevant technical systems and facilities.

The national share transfer system company shall formulate a special financial management system and report it to the China Securities Regulatory Commission for the record. Article 13 A national share transfer system company shall set up a risk fund by drawing a certain percentage from the fees collected. Specific measures for the extraction and use of risk funds shall be formulated separately by the China Securities Regulatory Commission. Article 14 China Securities Depository and Clearing Co., Ltd. is responsible for the registration and settlement of the national share transfer system. The national share transfer system company shall sign a business agreement with it and report it to the China Securities Regulatory Commission for the record. Chapter III Organizational Structure of the National Share Transfer System Company Article 15 The National Share Transfer System Company shall, in accordance with the Company Law and other laws, administrative regulations and the provisions of the China Securities Regulatory Commission, formulate its articles of association, clarify the division of responsibilities among the shareholders' meeting, the board of directors, the board of supervisors and the management, and establish and improve its internal organizational structure and corporate governance.

The formulation and revision of the articles of association of the national share transfer system shall be approved by the China Securities Regulatory Commission. Article 16 The shareholders of the National Share Transfer System Company shall meet the qualifications stipulated by laws, administrative regulations and the China Securities Regulatory Commission, and the shareholding ratio of shareholders shall meet the relevant provisions of the China Securities Regulatory Commission.

The new or original shareholders of the National Share Transfer System Company shall report to the China Securities Regulatory Commission if they transfer their shares. Article 17 The composition and rules of procedure of the board of directors and the board of supervisors of the National Share Transfer System Company shall comply with relevant laws, administrative regulations and the provisions of the China Securities Regulatory Commission, and shall be reported to the China Securities Regulatory Commission for the record. Article 18 The chairman, vice chairman, supervisor and senior management of the National Share Transfer System Company shall be nominated by the China Securities Regulatory Commission, and the appointment and removal procedures and term of office shall comply with the relevant provisions of the Company Law and the Articles of Association of the National Share Transfer System Company.

The scope of the senior management mentioned in the preceding paragraph shall be stipulated in the articles of association of the National Share Transfer System Company. Article 19 The National Share Transfer System Company shall set up special committees as required. The composition and rules of procedure of the special committee shall be reported to the China Securities Regulatory Commission for the record.