Jilin Zixin Pharmaceutical Co., Ltd. (hereinafter referred to as "the company") The 19th meeting of the fifth board of directors (provisional) was held on September 9, 2014 by on-site voting. The meeting notice was on September 5, 2014. By telephone, email, etc., the meeting should attend 7 directors and actually attend 7 directors. The convening of this meeting is in line with the relevant provisions of the Company Law and the Articles of Association. The convening procedures and voting results of this meeting are legal and valid. After careful consideration by the attending directors, the following proposals were passed:
Reviewed and passed the "Proposal on Applying for Working Capital Loans to the Industrial and Commercial Bank of China Liuhe County Branch"
The result of the review: 7 votes in favor, 0 votes against, and 0 abstentions.
1. Apply to the Liuhe County Sub-branch of the Industrial and Commercial Bank of China for a working capital loan of no more than RMB 250 million for the purchase of raw materials for production. The loan period is one year.
2. The guarantee method of the above loan is stock pledge, and the company's controlling shareholder Dunhua Kangping Investment Co., Ltd. holds the non-restricted shares of the company as pledge.
Jilin Zixin Pharmaceutical Co., Ltd. Board of Directors
September 10, 2014