Jinan Acetate Chemical Co., Ltd. signed the tripartite memorandum of cooperation. Counterparty to the contract or commitment: China Tobacco Shandong Industrial Co., Ltd. and Egypt Oriental Tobacco Company. Starting and ending dates (or rescission date) of the contract or commitment: 2021/03/05 to 2022/03/05. Major content (not applicable where rescinded): Cooperate to expand the heated cigarette market in Egypt and surrounding areas. Restrictive covenants (not applicable where rescinded): Must comply with the local laws and regulations of the three parties. Effect on company finances and business: Contribute to future business exchanges between the three parties. It will not influence the Company's financial and business. Concrete purpose/objective: Cooperate to expand the heated cigarette market in Egypt and surrounding areas.