Jiangsu Xinmin Textile 2012 Annual General Meeting Resolution Announcement

All members of the company and the board of directors guarantee the authenticity, accuracy and completeness of the information disclosure, without any false record, misleading statement or major omission.

I. meetings and attendance:

New people in Jiangsu

The first provisional shareholders meeting of Polytron Technologies Inc (hereinafter referred to as "company") was held in the conference room on the first floor of the office building of the company in two, one or two, at 3 p.m. (Friday) at two p.m. in August 2012. The shareholders' meeting adopted the way of combining on-site voting with online voting. The meeting was convened by the Fourth Board of directors of the company and chaired by Mr. Lyubit, chairman of the company.

Internet voting time: the specific time for conducting online voting through the Shenzhen stock exchange trading system is from 9:30 a.m. to 11:30 p.m. on August 3, 2012, and from 2 p.m. to 2 p.m.; the specific time for Internet voting through the Shenzhen stock exchange is: any time from August 2, 2012 to August 3, 2012.

The authorized representatives of shareholders and shareholders attending the shareholders' meeting and voting on the Internet were 8, representing 256843544 shares of the company, accounting for 57.5290% of the total number of voting shares of the company.

Among them:

1. The authorized representatives of shareholders and shareholders attending the shareholders' meeting are 2, representing 256722012 shares of the company, accounting for 57.5018% of the total number of voting shares of the company.

2. The total number of shareholders voting through the Internet is 6, representing 121532 shares of the company, accounting for 0.0272% of the total number of voting shares.

Directors, supervisors and senior management personnel and witness lawyers attended the meeting.

This time

The convening, convening procedures, qualification and voting procedures of the general assembly are in conformity with relevant laws, administrative regulations, departmental rules, normative documents and articles of association.

Two. Proposals for consideration and voting

More than 2/3 of the voting rights held by the shareholders and shareholders' representatives at the meeting were approved by the conference.

1. The motion to amend the articles of Association;

The total number of votes in the motion is 256843544 shares.

256749312 shares were agreed, accounting for 99.9633% of the total number of voting shares at the meeting; 37376 against 37376, representing 0.0146% of the total number of voting shares, and 56856 of the voting shares, accounting for 0.0221% of the total number of voting shares.

2, the motion on the company's non public development stock plan (Revised Draft).

The total number of votes in the motion is 256843544 shares.

256804388 shares were agreed, accounting for 99.9848% of the total number of voting shares at the meeting; 39156 against 39156, representing 0.0152% of the total number of voting shares, and 0 of the voting shares, accounting for 0% of the total number of voting shares.

Three. Legal advice from lawyers

The lawyer of Anhui Chengyi law firm attended the shareholders' meeting and witnessed the scene and issued a legal opinion.

Xinmin technology [3.79 2.43% shares bar Research Report] the convener qualification and convening procedure, the qualifications, motions, voting procedures and voting results of the shareholders' meeting are in conformity with the provisions of laws, regulations, normative documents and articles of association. The relevant resolutions adopted by this general meeting are valid and effective.

Four. Reference documents:

1, Jiangsu Xinmin textile Polytron Technologies Inc resolution two, one or two, the first provisional shareholders' meeting.

2. Anhui Chengyi law firm's legal opinion on this general meeting of shareholders.

Notice hereby.

Textile Polytron Technologies Inc

Board of directors

Two August 4th one or two