Yantai North Andre Juice Company Limited in its AGM held on May 25, 2016, approved the profit distribution plan for the year ended 31 December 2015 and authorization to the Board to distribute to the Shareholders a total cash dividend of CNY 19,050,000 (tax inclusive) or cash dividend of CNY 0.05 for each share (tax inclusive).

The board also approved the appointment of Mr. Li Wei as an independent non-executive Director. The board also approved the appointment of Mr. Jiang Hong Qi as an independent non-executive Director. The board also approved the appointment of Mr. Wang Zhi Wu as a Shareholder-approved Supervisor.