Shandong Jining Ruyi Wool Textile Limited By Share Ltd Announcement

　　 Securities code: 002193 securities short: Shandong Ruyi Announcement No.: 2011-019

East Jining Ruyi wool textile Limited by Share Ltd

Announcement of the first meeting of the sixth board of directors

book company Directors, supervisors and their senior Management To ensure the truth, accuracy and integrity of the information disclosure, there is no false record, misleading statement or major omission.

May 14, 2011, Jining, Shandong Ruyi wool textile The first meeting of the sixth board of directors of Limited by Share Ltd (hereinafter referred to as "company") was held in the company conference room. The notice of the conference was sent by fax or e-mail in May 7, 2011. The meeting should be attended by 15 directors and 15 directors actually attended. The meeting is in conformity with the provisions of the company law of the People's Republic of China and the articles of association. All supervisors and senior managers of the company attended the meeting. The meeting was chaired by Mr. Qiu Yafu, chairman of the company. The meeting was approved by all the directors and adopted the following:

(1) the meeting adopted the motion on the election of the chairman of the sixth board of directors of the company, with the result of 15 votes, 0 votes against and 0 abstentions.

The meeting elected Mr. Qiu Yafu as chairman of the sixth board of directors of the company. The term of office starts from the date of the resolution of the board of directors, and will serve for three years.

Two, the meeting adopted 15 votes, 0 votes against and 0 abstentions, and adopted the motion on the vice-chairman of the sixth board of directors of the election company.

The meeting elected Mr. Cui Lei and Mr. Qiu Dong as the vice chairman of the sixth board of directors of the company. The term of office will start from the date of the resolution adopted by the board of directors for a term of three years.

Three. The meeting adopted 15 votes, 0 votes against and 0 abstentions, and deliberated and adopted the motion on the members of the special committees of the sixth session of the election company, and agreed to confirm the following committees of the sixth board of directors:

1. Strategy Committee

main Member: Qiu Yafu

Members: Cui Lei, Sun Weiying, Chen Shujin (independent director) and Wang Pengfei (independent director).

2. Nomination Committee

Chairman: Guo Luwei (independent director)

Members: Qiu Yafu, Song Jianjun, Wang Pengfei (independent director) and Ai Xinya (independent director).

3. Audit committee

Chairman: ye min (independent director)

Member: Guo Luwei (independent director), Wu Zhenquan, Gu Feng Mei and Ai Xinya (independent director).

4. Remuneration and assessment committee

Chairman: Guo Luwei (independent director)

Members: Qiu Yafu, Qiu Dong, Ai Xinya (independent director) and Wang Pengfei (independent director).

The terms of office of the special committees are consistent with those of the sixth board directors. If a member is no longer a director of the company, he will automatically lose his membership.

Four. The meeting adopted 15 motions, 0 votes against and 0 abstentions, and adopted the motion on the appointment of general manager of the company.

After nomination by the chairman, he agreed to appoint Mr. Qiu Dong as general manager of the company for a term of three years from the date of the adoption of the resolution of the board.

Five. The motion was approved by 15 votes, 0 votes against and 0 abstentions.

Nominated by the general manager, he agreed to appoint Ms. Ding Cailing, Ms. Du Yuanshu and MS. Su Xiao as deputy general managers of the company. The term of office will be three years from the date of the adoption of the resolution of the board.

Six. The meeting adopted 15 motions, 0 votes against and 0 abstentions, and adopted the motion on the appointment of the chief accountant of the company.

Nominated by the general manager, he agreed to appoint Ms. Zhang Yiying as the chief accountant of the company. The term of office will be three years from the date of the adoption of the resolution of the board of directors.

Seven. The meeting adopted the motion on the appointment of the Secretary of the board of directors of the company with the result of 15 votes, 0 votes against and 0 abstentions.

After the nomination of the chairman, he agreed to appoint Ms. Su Xiao as secretary of the board of directors of the company for a term of three years from the date of the adoption of the resolution of the board.

The independent director has issued an independent opinion on the appointment of the chairman, vice chairman, senior management and Secretary of the board of directors of the sixth board of directors of the above election company. The resume of the directors of the company was disclosed on the China Securities Daily, the securities times and the giant tide information online in April 7, 2011.