State Securities Limited By Share Ltd Opinions On Seven Wolves Raising Funds

According to the relevant laws, regulations and normative documents on the establishment of an independent director system in listed companies and the guidelines for the conduct of directors of Listed Companies in the Shenzhen stock exchange, the China Securities Regulatory Commission, the independent director of Fujian seven wolf industrial Limited by Share Ltd considered the extension of the sixteenth meeting of the Fifth Board of directors of the company.

The proposal for the construction period of investment projects has issued independent opinions.

The view is that the extension of the construction period of the capital raising investment project accords with the company's current operation status and the development trend of the industry, which is in line with the actual progress requirements of the company's capital raising investment project implementation, conforms to the relevant laws and regulations, and is conducive to maximizing the efficiency of the capital investment projects, and does not exist in disguised form to change the proceeds of investment and damage the interests of shareholders.

Therefore, the China Securities Regulatory Commission agreed to the Limited by Share Ltd to extend the construction period of the capital raising investment projects, and agreed to submit this matter to the annual general meeting of shareholders in 2014.

In addition, foreign Limited by Share Ltd has also done so.

Industrial Limited by Share Ltd continued to use part of its temporarily idle collection funds for verification of cash management.

We made a verification opinion on the storage and use of funds raised by the seven wolves industrial Limited by Share Ltd in 2014.

At the same time, Wang Zhiqiang, the independent director, made a report on the 2014 annual report. According to the company law, the guiding opinions on the establishment of independent directors in the listed companies, the guidelines for the standardized operation of the SME Board Listed Companies in Shenzhen stock exchange, and the relevant laws, regulations and rules and regulations of the company's "Zhang Cheng" and "independent director's work system", I serve as the Fifth Board of directors of the Fujian seven wolf industrial Limited by Share Ltd.

We faithfully carried out the duties of the independent directors, actively attended the relevant meetings of the company, carefully considered the bills of the board of directors, and issued independent opinions on the related matters of the company, thus safeguarding the interests of the company and all shareholders.

In the report, Wang Zhiqiang, an independent director, introduced his performance in 2014.