Lu Tai Textile Released The Third Provisional Shareholders Meeting Resolution Announcement

Lu Tai

Limited by Share Ltd now has more than 15000 sets of international advanced machinery and equipment imported from Japan, Germany, Switzerland and other countries.

The company's main products are three series of yarns, dyed fabrics and shirts. It produces 27000 tons of yarn, 130 million tons of colored cloth and 14 million shirts.

The product has the characteristics of good quality, high grade, high technology content and variety.

In 2005, 06, and 07 years, the products of the company were identified as "China famous brand" by the AQSIQ in 2005.

The products of "rutaigrefen" shirts and colored woven fabrics have been appraised as "export famous brands with key cultivation and development by Ministry of Commerce" and "quality reputation AAA grade enterprises" by the Chinese product quality association. In November 2006, 100 pure cotton export yarn dyed fabrics were awarded the certificate of exemption from export commodities. In October 2007, Lu Tai Company was awarded the "national accredited enterprise technology center" by the five departments of the national development and Reform Commission and the Ministry of science and technology.

All members of the company and the board of directors guarantee the authenticity, accuracy and completeness of the announcement, and are jointly and severally liable for false statements, misleading statements or major omissions of the announcement.

I. important matters

There was no increase, rejection or change of proposals during the general meeting of shareholders.

Two. Conference held

1. opening time: 9:30 a.m. on July 30, 2012

2. Venue: location of the company's meeting room.

3. way of holding: on-site voting.

4. convenor: Board of directors

5. Moderator: Mr. Liu Shizhen, chairman of the board.

6. the convening of the meeting is consistent with the provisions of the company law and the articles of association.

Three. Attendance at this meeting.

1. Overall situation

10 shareholders and shareholders representing 256 million 424 thousand and 770 shares were represented at the meeting.

25.41% of the total 1 billion 8 million 954 thousand and 800 shares.

2. participation of foreign capital shareholders

The 8 shareholders representing foreign shareholders and shareholders represented 130 million 608 thousand and 122 shares in the meeting, accounting for 29.50% of the total number of foreign capital shares, accounting for 12.94% of the total share capital of listed companies.

Four. Proposals for deliberation and voting:

The bill on Partial Amendments to the articles of association was deliberated and passed.

The amendment bill was published on www.cninfo.com.cn 14 in July 2012.

The motion shall be passed by more than 2/3 of the voting rights held by the shareholders attending the meeting.

General vote:

256 million 424 thousand and 770 shares were agreed, accounting for 100% of the voting rights of all shareholders attending the meeting; 0 shares were opposed and 0 shares were waiver.

Voting of foreign shareholders:

130 million 608 thousand and 122 shares were agreed, accounting for 100% of the voting rights of all the foreign shareholders attending the meeting; 0 shares were opposed and 0 shares were waiver.

Voting result: the bill passed.

Five. Legal advice from lawyers

1. The name of the law firm: Shandong de Heng law firm.

2. Lawyer's name: Cao Jun Gong Xinchao

3, concluding observations: our lawyer believes that this time

The convening procedures, convening procedures, the qualifications of the Convenor, the qualification of the attendees and the voting procedures and voting results of the general meeting are all lawful and effective.

Lu Tai textile Limited by Share Ltd

Board of directors

July 31, 2012