Shandong Haihua Company Limited at its Extraordinary General Meeting held on December 4, 2014, approved the appointment of Han Xingsan, Fang Yong, Tang Quanrong, Chi Qingfeng, Fu Xiquan, and Yu Jianhua as non-independent directors and also approve the Gao Mingqin, Hu Yuanmu and Li Defeng as independent directors.