1.Date of the board of directors resolution:2021/05/07
2.Name and title of the managerial officer with
permission to engage in competitive conduct:President /Shan Ney, Huang
3.Items of competitive conduct in which the officer is
permitted to engage:
The president of Cotton Field Organic Co.,Ltd.
4.Period of permission to engage in the competitive
Within period serving as a manager in the Company.
5.Circumstances of the resolution (please describe the
results of voting in accordance with Article 32 of the
Approved by the board of directors without the attendance of the
interested director, Shan Ney, Huang.
6.If the permitted competitive conduct belongs to the
operator of a mainland China enterprise, the name and
title of the managerial officer (if it is not the
operator of a mainland China enterprise, please enter
7.Company name of the mainland China enterprise and the
officer’s position in the enterprise:N/A
8.Address of the mainland China enterprise:N/A
9.Operations of the mainland China enterprise:N/A
10.Impact on the company’s finance and business:Cotton Field Organic Co.,
Ltd. is a subsidiary of the company and its profits or losses is recognized
by equity method.
11.If the managerial officer or director has invested in
the mainland China enterprise, the monetary amount of the
investment and the officer or director’s shareholding ratio:N/A
12.Any other matters that need to be specified:None