Yantai North Andre Juice Company Limited approved the appointment of Mr. Li Yao as an independent non-executive Director, a member of each of the audit and review committee, the nomination committee and the remuneration and review committee of the Company with effect from 26 June 2019. As disclosed in the Circular, the resignation of Mr. Li Tong Ning from his position as an independent non-executive director of the Company and a member of each of the audit and review committee, the nomination committee and the remuneration and review committee of the Company was effective on 26 June 2019. Mr. Li Tong Ning has confirmed that there is no disagreement between him and the Board, and there is no matter that needs to be brought to the attention of the shareholders of the company.

The board approved the profit distribution plan for the year ended 31 December 2018 and authorization to the Board to distribute to the shareholders a total cash dividend of RMB 35,800,000 (tax inclusive) or cash dividend of RMB 0.1 for each share (tax inclusive).