1.Meeting and attendance

(1.)The meeting was held

1.Time and manner of notice of the meeting: June 20, 2017, written notice.

2.Meeting time: June 23, 2017

3.Meeting place: Meeting room of the second floor of our company

4.Place of meeting: means of communication

5.Moderator: Mr. Liu Zongjun, Chairman of the Supervisory Committee

6.The rules of the meeting are in compliance with the relevant laws and regulations. Administrative regulations. Department regulations. Normative documents and the provisions of the articles of association. It is not necessary for the relevant departments to approve or carry out the necessary procedures.

(2.)The number of supervisors attending the meeting of the board of supervisors was 3, and the supervisors (including the number of supervisors attending the meeting) attended the meeting of the board of supervisors.

2.Proposal of deliberations

(1.)Considered and adopted the "on the company and its subsidiaries to apply for the amount of the bill"

1.The details of the contents of the motion are described in the announcement of the Company on the date of the announcement on the designated information disclosure platform (www.neeq.com.cn) of the National SME Share Transfer System.

2.Vote on the results: 3 votes to vote, 0 votes against, 0 votes abstained.

3.To avoid voting: no

4.Proposal to be submitted to the shareholders' meeting:The proposal still needs to be submitted to the shareholders' meeting for consideration. 

(2.)To consider and approve the Proposal on Authorizing to Provide Guarantee for Subsidiaries

1.The contents of the contents of the contents of the specific details of the company disclosed on the same day disclosed in the national SME share transfer system designated information disclosure platform (www.neeq.com.cn) on the "Jiangsu open phosphorus Ruiyang Chemical Co., Ltd. authorized to provide a guarantee for the subsidiary announcement".

2.Vote on the results: 3 votes to vote, 0 votes against, 0 votes abstained.

3.To avoid voting: no

4.Proposal to be submitted to the Shareholders 'General Meeting: This motion is still subject to consideration by the Shareholders' General Meeting.

(3.)Considered and adopted the "on the changes in accounting policies"

1.For details, please refer to the announcement of the announcement of the change of accounting policy of Jiangsu Kailui Yangyang Chemical Co., Ltd. on the designated information disclosure platform (www.neeq.com.cn) of the National SME Share Transfer System.

2.Vote on the results: 3 votes to vote, 0 votes against, 0 votes abstained.

3.To avoid voting: no

4.Proposal to be submitted to the Shareholders 'General Meeting: This motion does not need to be submitted to the Shareholders' General Meeting for deliberation.

5.The Board of Supervisors believes that the Company has made changes to the Company's original accounting policies and related accounting subjects in accordance with the requirements of the Ministry of Finance's "Value-added Tax Accounting Regulations" (Accounting [2016] No. 22), which conforms to the relevant regulations and the actual situation of the Company. Laws and the relevant provisions of the Articles of Association, there is no damage to the interests of the company and small and medium shareholders situation. Therefore, the company agreed to change the accounting policy.

三.Documents for reference

"Resolution of the 6th meeting of the second session of the Supervisory Committee of Jiangsu Kailuiyang Chemical Co.,