Yuanxiang New Materials New Third Board Listing Bell Ringing Ceremony Held in Beijing

On May 20, 2016, Fujian Yuanxiang New Materials Co., Ltd. (stock abbreviation: Yuanxiang New Materials, stock code: 836763) held a listing ceremony in the National Equities Exchange and Quotations Company. Mr. Xu Chunhui, Secretary of the Shaowu Municipal Party Committee, Ms. Yang Hua, Member of the Standing Committee of the Shaowu Municipal Party Committee, Minister of the United Front Work Department, and leaders of relevant departments of the Shaowu Municipal Government, representatives of intermediaries, investors, company shareholders and executives attended and witnessed this important moment.

      The successful listing of Fujian Yuanxiang New Materials Co., Ltd. on the New Third Board is an important milestone in the company's development history. The success of Yuanxiang New Materials today is inseparable from the joint efforts of all colleagues in the company and the full support of customers and suppliers. Thanks to governments at all levels and relevant functional departments for their long-term care and support to the company, and also to Huachuang Securities Co., Ltd., Grant Thornton Certified Public Accountants (special general partnership), and Beijing Zhongyin (Shanghai) Law Firm for listing the company. The hard work and careful guidance put in.

      The listing on the New Third Board is an important milestone in the company's development process, as well as a new starting point and new driving force. The company will firmly grasp this precious opportunity and, as always, continue to work hard, through continuous technological innovation, management innovation, business model innovation, coupled with the power of capital, to achieve rapid growth in company performance and maximize the realization of customers, employees, and society. Win-win with shareholders!