Lu Tai Textile Limited By Share Ltd 2019 Third Extraordinary General Meeting Resolution Announcement

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

I. the convening of the conference

1. meeting time:

(1) on-site meeting time: 14:00 p.m. on September 16, 2019 (Monday).

(2) Internet voting time: the voting time of trading system: 9:30 am to 11:30 September 16, 2019, and from noon to the end of the afternoon; the voting time of the Internet voting system is September 15, 2019 p.m., and the end time is September 16, 2019 afternoon.

2. venue meeting place: Rutai textile Limited by Share Ltd Limited by Share Ltd conference room.

3. way of convening: the way of combining on-site voting with network voting.

4. convenor: Board of directors

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

6. the meeting was convened in accordance with the relevant provisions of the company law, the rules for the listing of shares on the Shenzhen stock exchange, the rules of procedure of shareholders' meetings of listed companies, and the relevant articles of the articles of association.

Two. Attendance at this meeting.

1. Overall situation

The shareholders and shareholders' agents are 52, representing 356 million 201 thousand and 849 shares, accounting for 41.509% of the total 858 million 121 thousand and 541 shares of the company's voting shares. Among them, B Shareholders and shareholders' agents are 12, representing 186 million 466 thousand and 441 shares, accounting for 62.945% of the total number of voting shares of the B-share holders of the company. .

2. Attendance at the scene meeting

The shareholders and shareholders' agents are 13, representing 329 million 264 thousand and 250 shares, accounting for 38.370% of the 858 million 121 thousand and 541 shares of the company's voting shares. Among them, B Shareholders and shareholders' agents are 9, representing 186 million 436 thousand and 941 shares, accounting for 62.935% of the total number of voting shares of the B-share holders of the company.

3. The situation of Internet voting

39 shareholders voted through the Internet, representing 26 million 937 thousand and 599 shares, accounting for 3.139% of the total shares of listed companies. Among them, the 3 shareholders voting on the Internet by B-share shareholders represent 29 thousand and 500 shares, accounting for 0.010% of the total number of voting shares of the B-share holders of the company.

4. Some of the directors, supervisors, senior managers and witnesses lawyers employed by the company attended the meeting.

Three. Proposals for deliberation and voting:

Voting: this large shareholder meeting adopts the combination of on-site voting and network voting.

The voting results are as follows:

1 motion on compliance with the conditions of public offering of A shares to Switching Company bonds.

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

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Voting result: the motion was passed.

2 motion on public offering of A shares to Switching Company bond scheme.

The following motion is considered item by item:

2.01 types of securities issued this time

General vote:

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The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

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Voting result: the motion was passed.

2.02 scale of issue

General vote:

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The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.03 face value and issue price

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.04 bond maturity

General vote:

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The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

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Voting result: the motion was passed.

2.05 bond interest rate

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.06 types of securities issued this time

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.07 time limit for stock transfer

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

The determination and adjustment of the 2.08 conversion price

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.09 downward revision of stock prices

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.10 how to determine the number of shares transferred

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.11 dividends attributable to the year of stock transfer

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.12 redemption clause

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.13 terms of resale

General vote:

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The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.14 ways and objects of distribution

General vote:

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The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

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Voting result: the motion was passed.

2.15 arrangements for placing the original shareholders of the company

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.16 holders of convertible bonds and holders of convertible bonds.

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.17 use of proceeds

General vote:

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The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.18 rating matters

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.19 guarantee matters

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.20 raise funds to deposit accounts

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

2.21 validity of resolutions

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

3 the motion on public offering of A shares to Switching Company bonds.

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

4 "on the issue of publicly issued A shares, the impact of the immediate return of Switching Company bonds on the main financial indicators of the company and the measures taken by the company to make a commitment to the relevant entities"

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

5 the motion on the feasibility analysis report on the public offering of A shares to Switching Company bonds.

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

6 motion on the need for companies to prepare reports on the use of funds raised earlier.

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

7 motion on the rules of meeting of Switching Company bondholders.

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

8 the company's next three years shareholder return plan (2019 -2021) motion.

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

9 "on the request of shareholders' meeting, the board of directors is authorized to take full responsibility for the issue of public offering of A shares to Switching Company bonds related matters."

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

10 motion on changing audit institutions.

General vote:

Exergy

The voting situation of small and medium-sized investors (except directors, supervisors, senior managers and other shareholders other than shareholders who own more than 5% shares).

Exergy

Voting result: the motion was passed.

Four. Legal advice from lawyers

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

2. Lawyer's name: Cao Jun Wang Jiyun

3, concluding observations: our lawyers believe that the convening procedures, convening procedures, convening qualifications, voting procedures and voting methods of the shareholders' meeting are in conformity with the provisions of the laws, regulations, normative documents and the articles of association, and the voting results are lawful and effective.

Five. Reference documents

A resolution of third extraordinary shareholders' meetings in 1.2019 years.

2. legal opinion.

Lu Tai textile Limited by Share Ltd board of directors

September 17, 2019