Major issues

Problems in the interim reports

Credit, loans

There is not the specific amount, duration, purpose, guarantees in the interim report about applying to comprehensive credit for bank loan.

Investment

When established a wholly owned subsidiary, there is not specific reason, the amount of investment, business scope and influences on the WFOE’ operating activities.

Executives resignation

It is not timely to disclose executive resignation and missing reasons for resignation.

Buy or sell major assets

There is not specified amount of funds about purchased real estate in the interim report. Also, the disposal of real estate, corresponding reasons and ways.