Company in strict accordance with the "Company Law", "Securities Law", "Corporate Governance Guidelines", "Shanghai Stock Exchange Listing Rules" and the China Securities Regulatory Commission’s relevant laws & regulations, combined with the actual situation, strengthen information disclosure and constantly improve the corporate governance structure of the company, standardize operations and earnestly safeguard the interests of the company and all shareholders. Shareholders’ meeting, board of directors, board of supervisors, management group responsibilities clear, the directors, supervisors and senior management personnel diligence, directors, supervisors can actively participate in the shareholders' meeting, board of directors and board of supervisors and to conscientiously perform their duties, associate director of the relevant association to actively Trade matters abstained from voting, to ensure that the company's security, stable, healthy and sustained development.

1, The independence of the company: The company has an independent operating and production system. The Board of Supervisors and internal organizations can operate independently. In terms of personnel, finance, assets, organization and business are separated from the first majority shareholder. There is no the first majority shareholder controlling the company's situation.

2. Shareholders and shareholders’ meeting: The Company strictly in accordance with the China Securities Regulatory Commission’s "Rules for Shareholders’ Meeting " & “Standard Opinion of shareholders’ meeting "and the company" Articles of Association "requirement, specification convene the shareholders' meeting, voting procedures and invite a lawyer to witness the legality and compliance conference, issued a legal opinion to ensure that the shareholders' meeting lawful and valid. The company equally treats of all shareholders, especially minority shareholders and major shareholders can enjoy equal status, and make sure all shareholders to full exercise of their rights. In January 2015, according to the China Securities Regulatory Commission’s ”the < Listed Shareholders' Meeting Rules (2014 Revision) > related issues notice" (listed unit Han [2014] No. 599 "requirement, the company made clear stipulations for " About Internet voting " & " small investors are counting alone " in " Articles of Association " & " rules of Procedure of shareholders' Meeting ".

3. Directors and the Board of Directors: Directors of the Company removal procedures in strict accordance with the relevant provisions of the "Company Law", "Articles of Association" relevant provisions. The Board constituted by the seven directors, including three independent directors, the board of directors consists of the strategy, audit, nomination, remuneration and assessment four committees. The Board of Directors meeting strictly in accordance with the provisions of the "Board Rules of Procedure" convened and held, voting. Directors of the company can diligently and seriously to attend board meetings and shareholders' general meeting to consider the relevant proposals seriously, proper exercise director rights, obligations, responsibilities, give full play to its role in the business decision-making.

4. Supervisors and the Board of Supervisors: Supervisors appointment and removal procedures in strict accordance with the relevant provisions of the "Company Law", "Articles of Association" relevant provisions. The Supervisory Committee constituted by three supervisors, including two shareholder supervisors, and one employee representative supervisor. Supervisory Board members strictly in accordance with, the provisions of "Rules of Procedure of the Board of Supervisors" and "Articles of Association", attend the Supervisory Board meetings and to attend board meetings, conscientiously perform their duties. Supervise the company's financial situation as well as company directors, senior executives fulfill the legal mandate, compliance with the company's provision. Put forward opinions and suggestions, and issued a separate opinion, they have finished the responsibilities of the "Company Law" and "Articles" conferred safeguard the legitimate rights and interests of the Company and its shareholders.

5. Information disclosure and transparency: The Company strictly in accordance with the relevant provisions of the "Company Law", "Securities Law" and "Information Disclosure of Listed Companies," "Listed Companies, Stock Listing Rules" relevant provisions making the "Information Disclosure System", "significant information inside reporting system "," insider registration system "," Annual Report Disclosure accountability System for major Errors "," Board proposal Management Rules "and other systems. Designated Secretary of the Board responsible for information disclosure, designated “Shanghai Securities News "," China Securities News” as the media for information disclosure, designated Shanghai Stock Exchange Website as the information disclosure website. Company strictly in accordance with the laws and regulations of accurate, truthful, complete and timely disclosure of relevant information, the full implementation of information disclosure obligations to ensure that all shareholders have equal access to information, the right to make investment decisions, maximize the protection of their legitimate rights and interests.

6. Internal control system: according to China Securities Regulatory Commission’s "Listed Company Supervision Guidelines No. 3 - cash dividends of listed companies" (CSRC Announcement [2013] 43), & Jiangxi Securities Regulatory Bureau’s "on the further implementation of the listed company's cash dividend under the guidance of notification of requirements "(Gan ZJF [2014] No. 32) spirit of the documents, the company’s " related content Articles of Association "has been revised in accordance with the requirements to further strengthen the cash dividend priorities.

7. Insiders registration management: the company made "insiders registration management system" on December 2nd 2011. In the report period, the company strictly in accordance with the relevant provisions of the "insiders registration management system" do periodic report and other confidential insider information and insider related, registration, disclosure, filing and other management work, the principles of effective maintenance of fair information disclosure.

8. Investor Relations management: The Company has long emphasis on investor relations management, the company has been strengthening contacts and exchanges and investors through a variety of ways, in particular the opening of the Shanghai Stock Exchange, "the Shanghai E interaction" platform, the company timely and effective manner reply investor questions, and earnestly safeguard the interests of small investors.