93-3-7 Both sides of the joint venture signed the contract and statute in Dezhou Beauty Huada Hotel of Shandong province. Mr. Zhang Yucai and Xu Yuanhao put their signature to the contract and rule on behalf of Dezhou Third Cotton Spinning Factory and Weilong Company. In the same day, the establishment of Yuanji Company was approved by the Foreign Trade and Economic Committee n of Dezhou, and was awarded the approval certificate.

93-4-2 The Yuanji Company held its first directorate. Meanwhile, the company has held the starting working ceremony of building, and that the preparing work was run in an all-round way.