On 12^th April, 2019, Mr. Chen Haibo, Member of the Party Committee and Head of Discipline Inspection Unit of Tax Service of Tianhe District, Guangzhou under State Taxation Administration, visited our company for research on the implementation of “Cut Taxes and Administrative Fees” and “the Belt and Road” policies. Board Chairman Zhou You, Vice General Manager He Sili and Chief Financial Officer Qiu Yongjun attended this symposium.

At the symposium, Chairman Zhou You extended warm welcome to Mr. Chen Haibo and his team. He promised that we will spare no effort to cooperate with the authorities on tax work with a high sense of social responsibility. Vice General Manager He Sili introduced in detail our development history in recent years. CFO Qiu Yongjun proposed several suggestions on enterprise taxations to the team.

Being informed about the situation of tax policies implementation and relevant difficulties for the enterprise after the debriefing, Mr. Chen Haibo emphasized that the preferential tax policies must be fully implemented.

This research provided our company with more guidance in better performance of tax paying. Though as a private enterprise, we will still be a good model in taxation by fully paying our taxes and establish a positive corporate image.