Dismissal of the basic situation

(1). Basic information on the implementation of the procedures According to the relevant provisions of the Company Law and the Articles of Association, the 8th meeting of the 2nd Board of Directors of the Company examined and approved on March 20, 2017: Mr. Pan Yubao was appointed as the chief engineer of the Company. From the date of the Board of Directors to the date of the second term of office of the Board of Directors. The meeting was held 10 days ago by hand to inform all directors, the actual directors to 7 people. 15,509,447 shares held by the Company, accounting for 5.40% of the total number of shares, the meeting was chaired by Ms. Liao Hui, chairman of the meeting. The above resolutions are as follows: 7 votes in favor, 0 votes against and 0 votes abstained.

(2).Was appointed permanent director of the basic situation Pan Yu Bao, male, born in October 1974, Buyi, native of Guizhou Dandongzhai. March 2013 joined the Communist Party of China, Guizhou University of Chemical Engineering graduate, assistant engineer title. February 2017 to the company in February.

Main experience:

1993.09-1997.07 Guizhou University of Technology, Chemical Engineering and Technology；

1997.07-1998.12 Guizhou Duyun Chemical Industry Co., Ltd. product workshop operator;

1998.12-2000.08 Guizhou Duyun Chemical Industry Co., Ltd. product workshop as a technician (1999.06 get assistant engineer title);

2000.08-2007.06 Guizhou Duyun Chemical Industry Co., Ltd. synthesis workshop as any director;

2007.06-2010.05 Guizhou Duyun Jianjiang fertilizer company director, the total scheduling long;

2010.05－2013.03 Kailin Zunyi Soda Plant production two ministers;

2013.03－2015.10 Kailin Zunyi soda plant director assistant;

2015.10－2017.2 Kailin Zunyi Deputy director of the plant. The executive did not hold the shares of the Company.

(3).The reasons for the appointment of the original engineer of the company changes the work of leaving the post, the company's technology and production and management development needs.

The effect of the appointment and removal of the above personnel on the company

(1).On the number of members of the board of directors (board of supervisors): none

(2).On the company's production and operation of the impact: Mr. Pan Yubao early in Guizhou Duyun Chemical Industry Co., Ltd., Guizhou Duyun Jianjiang fertilizer company, Guizhou Pu phosphorus Zunyi Soda plant and other units work, with strong production technology theory and practice And management experience, is conducive to promoting the company's production and operation of technology development work.

Documents for reference"Jiangsu open phosphorus Ruiyang Chemical Co., Ltd. The second board of directors of the eighth meeting of the resolution"