Xinji Shaxi Group Company Limited (Hong Kong SAR, China)

Xinji Shaxi Group Company Limited is a limited company that was established through the transformation of Yuanli Chemical. On July 13, 2012, 47 initiators, including Liu Xiuhua, signed the "Initiators Agreement of Shandong Yuanli Technology Co., Ltd." and held a shareholders' meeting, deciding to transform Yuanli Chemical from a limited company to a limited company. Based on the audited net assets of 346,677,192.57 yuan as of June 30, 2012, by Dahua Certified Public Accountants (which transformed into Dahua Certified Public Accountants (Special General Partnership) on May 10, 2012), a total of 81.48 million shares were converted at a ratio of 1:0.2350. On July 28, 2012, the company held an inaugural meeting and agreed to establish the company through transformation. The company was registered with the Weifang Administration for Industry and Commerce on August 13, 2012, and obtained a business license with registration number 370725228004863. Starting from October 1, 2015, the "Three Certificates in One" policy was implemented nationwide, and the company's unified social credit code is 913707007465823505. On February 27, 2020, the company changed its name from "Shandong Yuanli Technology Co., Ltd." to "Yuanli Chemical Group Co., Ltd."