Henan Huanghe Cyclone Co., Ltd. Board of Directors
On March 15, 2005, the Company issued the “Announcement of Henan Huanghe Cyclone Co., Ltd. on Foreign Investment of Holding Subsidiaries†(Pro-2005-001), the holding subsidiary of the Company – Shanghai Huanghe Cyclone R&D Center Co., Ltd. Shanghai Pufa Jinqiao United Development Co., Ltd., based on the principle of mutual benefit and common development, signed a “Joint Venture Agreement†on March 11, 2005 in Henan Changge, and decided to jointly establish Shanghai Jinhaichao Real Estate Co., Ltd. Temporary name), registered capital of 28 million yuan, each party holds 50% of the shares, this investment does not constitute a connected transaction. Shanghai Huanghe Cyclone R&D Center Co., Ltd. invested 19 million square meters of Shanghai Jinqiao Export Processing Zone at a price of 19 million square meters, accounting for 50% of the registered capital. Shanghai Pufa Jinqiao United Development Co., Ltd. invested 14 million yuan in cash, accounting for registration. 50% of the capital. The company's aim is to participate in the development of Pudong, provide services for the enterprises in Jinqiao Export Processing Zone, and provide R&D bases for the company; so that both shareholders can obtain satisfactory economic and social benefits. The company's operating project is: development and operation of “Pufa Jinqiao Industrial City Management Service Center and Yellow River Cyclone R&D Center†on Block 76# of Shanghai Jinqiao Export Processing Zone.
Later, through the negotiation of Shanghai Huanghe Cyclone R&D Center Co., Ltd. and Shanghai Pufa Jinqiao United Development Co., Ltd., it was decided that the cooperation between the two parties will be carried out on the basis of Shanghai Huanghe Cyclone R&D Center Co., Ltd., and the registered capital of Shanghai Huanghe Cyclone R&D Center Co., Ltd. will be reduced to RMB 14 million. The name of the change was “Shanghai Jirun Real Estate Co., Ltd.â€, and then Shanghai Pufa Jinqiao United Development Co., Ltd. increased its capital by 14 million yuan, bringing the registered capital to 28 million yuan.
On December 1, 2006, the company received the business license of Shanghai Jirun Real Estate Co., Ltd. from Pudong New Area Bureau of Shanghai Administration for Industry and Commerce, with a registered capital of 28 million yuan. The registered address is 801, No. 98, Rushan Road, Pudong New Area, Shanghai. : The development and development of high-tech products such as rental of real estate, property management, diamond and its products, materials, industrial automation technology, and import and export of goods and technology.
Special announcement.
Henan Huanghe Cyclone Co., Ltd.
December 5, 2006