Henan Shenma Warwick Plastic Co., Ltd.

　　Information Disclosure Management System

　　April 2018

　　table of Contents

　　Chapter 1 General Provisions.................. 3

　　Chapter 2 Content, Scope, Format, and Time of Information Disclosure............3

　　Chapter III Principles of Information Disclosure............9

　　Chapter IV Management of Information Disclosure............ 10

　　Chapter 5 Implementation of Information Disclosure.............11

　　Chapter VI Supplementary Provisions.............................. 12

　　Chapter One General Provisions

　　Article 1 To ensure that Henan Shenma Huawei Plastics Co., Ltd. (hereinafter referred to as the "Company") information disclosure is legal, true, accurate, complete and timely, according to the "Company Law of the People's Republic of China" ("Company Law"), "Securities Law of the People's Republic of China" (referred to as "Securities Law"), "Guidelines for the Supervision of Non-listed Public Companies No. 1-Information Disclosure", "Business Rules for the National SME Share Transfer System (Trial)", " The Guidelines for the Continuous Supervision of the Leading Securities Dealers of the National SME Share Transfer System (for Trial Implementation), the “Detailed Rules for Information Disclosure of Companies Listed on the National SME Share Transfer System” and the relevant provisions of the Articles of Association, the “Henan Shenma Huawei Plastics Co., Ltd. Information Disclosure Management System" (referred to as "this system").

　　Article 2 The “information disclosure” mentioned in this system refers to the information that has occurred or is about to occur in the company and that may have a significant impact on the company’s operations. The way is announced to the public.

　　Article 3 The chairman of the company is the first person responsible for information disclosure, and the company and its directors, supervisors, senior managers, board secretaries, shareholders holding more than 5% of the company's shares or potential shareholders, and the company's actual controller are the information disclosure obligors.

　　The above-mentioned responsible persons and disclosure obligations shall promptly and fairly disclose all information that may have a significant impact on the transfer price of the company’s stocks and other securities, and ensure that the information disclosed is true, accurate, and complete, and there is no false record or misleading Statement or material omission.

　　Chapter II Content, Scope, Format, and Time of Information Disclosure

　　Article 4 The periodic reports that an innovative listed company shall disclose include annual reports, semi-annual reports, and quarterly reports. The periodic reports that the basic-level listed companies should disclose include annual reports and semi-annual reports.

　　The company shall disclose periodic reports in accordance with the requirements of the national equity transfer company market level.

　　Article 5 The company shall compile and disclose periodic reports in accordance with the relevant regulations of the National Equity Exchange Corporation. Where national equity transfer companies have differentiated regulations on the content and format of periodic reports of listed companies at different levels in the market, the company shall abide by the relevant regulations.

　　Innovative listed companies shall disclose corresponding information in accordance with the characteristics of the industry in accordance with the relevant requirements of the industry information disclosure rules.

　　Article 6 The company shall prepare and disclose periodic reports within the prescribed time limit, prepare and disclose annual reports within four months from the end of each fiscal year, and two months from the end of the first half of each fiscal year The semi-annual report shall be disclosed within the internal; if the quarterly report is disclosed, the company shall disclose the quarterly report within the first three months of each fiscal year and one month after the end of the nine months. To

　　Where quarterly reports are disclosed, the disclosure time of the first quarterly report shall not be earlier than the annual report of the previous year. To

　　Article 7 The company shall promptly provide the following documents to the host brokerage before the disclosure of the periodic report:

　　(1) The full text and summary of the periodic report (if any);

　　(2) Audit report (if applicable);

　　(3) The resolutions of the board of directors and the board of supervisors and their announcement documents;

　　(4) The written confirmation opinions of the company's directors and senior management personnel and the written review opinions of the board of supervisors;

　　(5) Periodic reports and electronic files of financial data prepared in accordance with the requirements of the National Equities Exchanged Corporation;

　　(6) Other documents required by the host securities firm and the national equity transfer company.

　　Article 8 The financial report in the company's annual report must be audited by an accounting firm. The annual report should include the following:

　　(1) Basic information of the company;

　　(2) Main financial data and indicators in the last two years;

　　(3) Changes in share capital in the most recent year and the number of registered shares that have lifted sales restrictions at the end of the reporting period;

　　(4) The number of shareholders, the top ten shareholders and the number of shares held, the changes in shareholding during the reporting period, the number of transferable shares held at the end of the reporting period, and the relationship between them;

　　(5) Directors, supervisors, senior managers, core technical personnel and their shareholding status;

　　(6) The analysis of the board of directors on the operating conditions, financial status and cash flow, as well as the profit distribution plan and the introduction of major issues;

　　(7) Audit opinions and audited balance sheets, income statements, cash flow statements, and notes to major items.

　　Article 9 If a company’s financial report is issued by a certified public accountant with a non-standard audit opinion, the company shall submit the following documents at the same time as the regular report is delivered to the leading securities firm:

　　(1) A special explanation made by the board of directors on the matters involved in the audit opinion, review of the board resolutions of this special explanation and the materials on which the resolutions are based;

　　(2) The opinions and relevant resolutions of the board of supervisors on the relevant explanations of the board of directors;

　　(3) Special explanations issued by the accounting firm and certified public accountant responsible for the audit;

　　(4) Other documents required by the lead securities firm and the national equity transfer company. To

　　Article 10 A company shall prepare and disclose a semi-annual report within two months from the end of the first half of each fiscal year. The semi-annual report should include the following:

　　(1) Basic information of the company;

　　(2) Main financial data and indicators during the reporting period;

　　(3) Changes in share capital and the number of registered shares that have lifted sales restrictions at the end of the reporting period;

　　(4) The number of shareholders, the top ten shareholders and the number of shares held, the changes in shareholding during the reporting period, the number of transferable shares held at the end of the reporting period, and the relationship between them;

　　(5) Directors, supervisors, senior managers, core technical personnel and their shareholding status;

　　(6) The analysis of the board of directors on the operating conditions, financial status and cash flow, as well as the profit distribution plan and the introduction of major issues;

　　(7) Balance sheet, income statement, cash flow statement and notes to major items.

　　Article 11 Interim reports refer to announcements other than periodic reports issued by the company and other information disclosure obligors in accordance with laws and regulations and the relevant provisions of the National Equities Exchange and Quotations from the date of obtaining the approval letter for listing.

　　In the event of a major event that may have a greater impact on the transfer price of the company's stocks or other securities (hereinafter referred to as "major event"), the company and other information disclosure obligors shall disclose the interim report in a timely manner.

　　The interim report (except the announcement of the board of supervisors) shall be affixed with the official seal of the board of directors and issued by the company's board of directors.

　　Article 12 The company shall compile and disclose the interim report in accordance with the relevant regulations of the National Equity Exchange Corporation. The National Equities Exchange and Quotations have formulated relevant rules for interim reports, and if there are differentiated regulations on the standards of major events, the company shall abide by the relevant regulations.

　　Article 13 The company shall perform its first disclosure obligation in a timely manner after the major event involved in the interim report first touches any of the following points in time:

　　(1) When the board of directors or the board of supervisors makes a resolution;

　　(2) When signing a letter of intent or agreement (with or without additional conditions or time limit);

　　(3) When the company (including any director, supervisor or senior manager) knows or should be aware of a major incident.

　　Article 14 The major event that may have a greater impact on the company’s stock transfer price is in the planning stage. Although the time point specified in Article 13 of this system has not yet been reached, the company shall also perform the first disclosure if one of the following situations occurs obligation:

　　(1) The incident is difficult to keep confidential;

　　(2) The incident has been leaked or there are rumors about the incident in the market;

　　(3) Abnormal fluctuations have occurred in the trading of the company's stocks and derivatives.

　　Article 15 When a company fulfills its first disclosure obligation, it shall disclose in accordance with the disclosure requirements of the "Detailed Rules for Information Disclosure of Companies Listed on the National Equities Exchange and Quotations System" and the guidelines for the temporary announcement format formulated by the National Equities Exchange and Quotations Corporation.

　　The disclosure of the interim report shall explain the cause, current status and possible legal consequences of the major event. If the relevant facts have not yet occurred when the announcement is made, the company shall objectively announce the existing facts, and after the relevant facts have occurred, it shall disclose the progress or changes of the matter in accordance with relevant requirements. To

　　Article 16 Information that may have a significant impact on the company's stock transfer price that occurs in a company's controlled subsidiary is deemed to be material information of the company, and the company shall disclose it.

　　Article 17 When a company convenes a board meeting, it shall promptly report the resolutions signed and confirmed by the participating directors (including board resolutions for which all proposals have been rejected) to the host brokerage after the meeting.

　　The resolution of the board of directors involves material information that should be disclosed as stipulated in the "Detailed Rules for Information Disclosure of Companies Listed on the National Small and Medium-sized Enterprise Share Transfer System".

　　Article 18 When a company convenes a meeting of the board of supervisors, it shall promptly report the resolution signed by the participating supervisors to the leading brokerage firm after the meeting.

　　The resolutions of the board of supervisors involve material information that should be disclosed as stipulated in the "Detailed Rules for Information Disclosure of Companies Listed on the National Small and Medium-sized Enterprise Share Transfer System", and the company shall disclose it in the form of an interim report in a timely manner after the resolution of the board of supervisors. To

　　Article 19 The company shall issue a notice of the general meeting to shareholders in the form of an interim report 20 days before the annual general meeting or 15 days before the extraordinary general meeting is held. To

　　The company shall not disclose or leak undisclosed material information at the general meeting of shareholders.

　　Article 20 When a listed company convenes a general meeting of shareholders, it shall promptly disclose the relevant resolution announcement after the meeting. The announcement of the annual general meeting shall include the lawyer's witness opinions.

　　Article 21 If the resolutions of the shareholders' general meeting involve major events specified in the "Detailed Rules for Information Disclosure of Companies Listed on the National Small and Medium-sized Enterprise Share Transfer System", and the shareholders' general meeting fails to pass relevant proposals, the listed company shall make an interim report on the matters involved in the proposal The reasons and relevant specific arrangements for disclosing matters in the form of non-disclosure.

　　Article 22 The company shall submit to the board of directors or the general meeting of shareholders for deliberation on matters such as the acquisition and sale of assets, external investment (including entrusted financial management, investment in subsidiaries, etc.), external borrowing, and external guarantee provided in the Articles of Association. Standards, submit the above matters to the board of directors or the general meeting of shareholders for deliberation and disclose in accordance with the relevant provisions of the "Detailed Rules for Information Disclosure of Companies Listed on the National SME Share Transfer System"

　　Article 23 If the sponsoring securities firm and the National Share Transfer System company request the minutes of the board of directors, the board of supervisors, and the general meeting of shareholders, the company shall provide them as required.

　　Article 24 For the daily connected transactions that occur each year, the company may make a reasonable estimate of the total amount of connected transactions that will occur this year before disclosing the previous annual report, and submit it to the general meeting of shareholders for review and disclosure. For related transactions within the expected scope, the company should classify them in the annual report and semi-annual report, and disclose the implementation status in a list.

　　If, in actual implementation, the estimated amount of related party transactions exceeds the estimated total amount of related transactions for the year, the company shall submit the matters involved in the excess amount to the board of directors or the general meeting of shareholders for review and disclosure in accordance with the company's articles of association.

　　Article 25 For other related transactions other than routine related transactions, the company shall perform the corresponding review procedures and disclose in accordance with the "Articles of Association"; if the "Articles of Association" does not provide for it, it shall be submitted to the general meeting of shareholders for review and disclosure.

　　Article 26 The following transactions between a company and related parties may be exempted from review and disclosure in the manner of related transactions:

　　(1) One party uses cash to subscribe for stocks, corporate bonds or corporate bonds, convertible corporate bonds or other securities issued by the other party;

　　(2) One party acts as a member of the underwriting syndicate to underwrite the stocks, corporate bonds or corporate bonds, convertible corporate bonds or other securities issued by the other party;

　　(3) One party receives dividends, bonuses or remuneration in accordance with the resolutions of the shareholders' general meeting of the other party;

　　(4) Affiliated transactions between the company and its holding subsidiaries within the scope of its consolidated financial statements or between the aforementioned holding subsidiaries.

　　Article 27 The company shall promptly disclose major litigation and arbitration matters in which the amount involved in the case accounts for more than 10% of the absolute value of the company's most recent audited net assets.

　　For litigation or arbitration matters that do not meet the standard of the preceding paragraph or do not have a specific amount involved, the board of directors believes that it may have a greater impact on the transfer price of the company’s stocks and other securities, or the lead securities firm or the National Share Transfer System company believes it is necessary, and involves The company shall also promptly disclose litigation in which the resolutions of the general meeting of shareholders or the board of directors are applied for cancellation or invalidation.

　　Article 28 The company shall disclose the specific content of the plan in a timely manner after the board of directors has deliberated and approved the profit distribution or capital reserve conversion plan, and the plan implementation announcement shall be disclosed before the equity registration date of the implementation plan.

　　Article 29 If a stock transfer is identified as an abnormal fluctuation by a company in the National Share Transfer System, the company shall disclose an announcement of the abnormal fluctuation on the next share transfer day. If the disclosure cannot be made on the next transfer day, the company shall apply to the National Share Transfer System Company to suspend the transfer of shares until the transfer is resumed after the disclosure.

　　Article 30 If the news disseminated by public media (hereinafter referred to as "rumors") may or has had a significant impact on the company’s stock transfer price, the company shall provide relevant materials to the host brokerage in a timely manner to help screen the rumors, and decide whether to publish Clarification announcement.

　　Article 31 The company’s equity incentive plan shall strictly abide by the relevant regulations of the National Share Transfer System Company and perform its disclosure obligations.

　　Article 32 Before the restrictions on the transfer of restricted shares are lifted, the company shall disclose relevant announcements or perform relevant procedures in accordance with the relevant regulations of the National Share Transfer System.

　　Article 33 If the shares held by the company's investors and their concerted parties meet the standards prescribed in the Measures for the Administration of Acquisitions of Non-listed Public Companies, they shall perform the obligation to disclose changes in equity or changes in control in accordance with the provisions of the Acquisition Measures.

　　Article 34 When companies and relevant information disclosure obligors disclose commitments, they shall strictly abide by their disclosed commitments. To

　　If the company fails to fulfill its promise, it shall promptly disclose the reasons and the legal responsibilities that the relevant parties may bear; if the relevant information disclosure obligor fails to fulfill its promise, the company shall take the initiative to inquire and promptly disclose the reasons and the measures the board of directors plans to take.

　　Article 35 The National Share Transfer System Company implements risk warnings or issues shares for the companyAfter the decision to terminate the listing, the company shall disclose it in a timely manner.

　　Article 36 If a company has any of the following circumstances, it shall disclose it in a timely manner from the date of the fact or the board of directors’ resolution:

　　(1) The controlling shareholder, actual controller and persons acting in concert of the listed company have changed;

　　(2) The controlling shareholder, actual controller or its related parties of the listed company occupy funds;

　　(3) The court ruled that the controlling shareholder is prohibited from transferring the shares of the listed company held by it;

　　(4) More than 5% of the shares of a listed company held by any shareholder are pledged, frozen, judicially auctioned, custody, trust established, or their voting rights are restricted in accordance with the law;

　　(5) The directors, supervisors, and senior managers of the listed company are changed, and the chairman or general manager is unable to perform their duties;

　　(6) Decisions made by the listed company to reduce capital, merge, split, dissolve, and file for bankruptcy, or enter bankruptcy proceedings in accordance with the law and be ordered to close down;

　　(7) The board of directors of the listed company shall make resolutions on the signing of plans and agreements for the purchase and sale of major assets and major foreign investments (including entrusted financial management, investment in subsidiaries, etc.);

　　(8) The board of directors of the listed company shall make a resolution on the proposed listing of stocks on the stock exchange or the issuance of other types of securities;

　　(9) The board of directors of the listed company makes a resolution on the repurchase of shares and equity incentive plans;

　　(10) The listed company changes its accounting policies and accounting estimates (except for those caused by amendments to laws, administrative regulations, and departmental rules), and changes its accounting firm;

　　(11) The board of directors of the listed company shall make a resolution on the provision of external loans (except for loans to holding subsidiaries) and external guarantees (except for guarantees for holding subsidiaries);

　　(12) The listed company is involved in major litigation or arbitration, and the resolutions of the shareholders' meeting or the board of directors are revoked or declared invalid in accordance with the law;

　　(13) Listed companies or their controlling shareholders, actual controllers, directors, supervisors, and senior managers are included as targets of joint punishment for dishonesty;

　　(14) The listed company has acquired or lost important production qualifications, licenses, franchise rights, or major changes in the external conditions of production and operation or industry policies;

　　(15) The listed company was investigated by the China Securities Regulatory Commission and its dispatched agencies or other competent authorities for suspected violations of laws and regulations, was transferred to the judicial authority or pursued criminal responsibility, was subject to administrative penalties that had a significant impact on the company’s production and operation, and was subject to the China Securities Regulatory Commission Administrative supervision measures are taken by the company’s directors, supervisors, and senior management personnel who are suspected of violating laws and regulations and are filed and investigated by the China Securities Regulatory Commission and its dispatched agencies or other competent authorities or taken compulsory measures, and are punished by the China Securities Regulatory Commission and its dispatched agencies for securities Persons who are prohibited from entering the market and deemed inappropriate are subject to administrative penalties that have a significant impact on the company's production and operation;

　　(16) Due to errors in the information disclosed in the previous period, failure to disclose according to regulations, or false records, it is ordered to be corrected by the relevant agency or corrected by the decision of the board of directors;

　　(17) Other circumstances stipulated by laws and administrative regulations, or recognized by the China Securities Regulatory Commission, the National Equities Exchange and Quotations, or the lead brokerage.

　　If a listed company violates regulations to provide external guarantees, or if its funds or assets are occupied by the controlling shareholder, actual controller or its related parties, it shall disclose the rectification and improvement of relevant matters.

　　Chapter III Principles of Information Disclosure

　　Article 37 The company shall treat all shareholders in accordance with the principles of openness, fairness, and justice, and disclose in strict accordance with relevant regulations in a timely manner to ensure that the information disclosed is true, accurate, and complete, and there are no false records, misleading statements or major omissions.

　　Article 38 The company and relevant information disclosure obligors shall strictly abide by the principle of fair information disclosure when disclosing information and prohibit selective information disclosure. All investors have the same rights in accessing the company's undisclosed material information.

　　Article 39 The company shall promptly and fairly disclose all information that may have a significant impact on the trading prices of the company’s stocks and derivatives, and shall not delay the disclosure, and shall not intentionally choose the timing of disclosure to strengthen or dilute the effect of information disclosure, resulting in actual It’s not fair.

　　Article 40 The undisclosed material information disclosed by the company in other public media shall not precede the designated media, and shall not replace announcements with news releases or answering questions from reporters.

　　Article 41 Before disclosing information, the company and its directors, supervisors, senior managers, and other insiders have the responsibility to ensure that the insiders of the information are kept to a minimum and not to disclose inside information.

　　Article 42 Before disclosing information, a company shall submit relevant announcements and relevant documents for reference to the lead brokerage firm as required, and the company shall not disclose material information that has not been reviewed by the lead brokerage firm.

　　Article 43 The company shall separately submit the company's commitments and shareholders' commitments to the lead brokerage for filing. If the company fails to fulfill its commitments, it shall disclose the details in time and explain the measures taken by the board of directors.

　　Article 44 When the company exists or is planning a major event that should be disclosed, before the event is disclosed, the directors and relevant parties shall ensure absolute confidentiality of relevant information, minimize the scope of insiders, and ensure that the information is within the controllable range; If the information is difficult to keep confidential, or has been leaked, it should be disclosed immediately.

　　Once the company signs a letter of intent or agreement with the relevant parties regarding such major events, the company shall disclose it immediately, regardless of whether the letter of intent or agreement has conditions or a time limit attached.

　　In the event of a major change, suspension or cancellation or termination of the above-mentioned agreement, the company shall disclose it in a timely manner, explaining the circumstances and reasons for the change, suspension or cancellation or termination of the agreement.

　　If a major event has been approved by the relevant department, or the major event that has been disclosed is rejected by the relevant department, the company shall disclose it in a timely manner.

　　Chapter IV Management of Information Disclosure

　　Article 45 The following review procedures shall be strictly performed before information disclosure:

　　(1) The person in charge of providing information should carefully check relevant information and materials;

　　(2) The secretariat of the board of directors organizes and summarizes the materials provided by various units in a timely manner in accordance with the relevant requirements for information disclosure, and compiles information disclosure manuscripts;

　　(3) The secretary of the board of directors conducts compliance review;

　　(4) The relevant management department of the company checks and confirms the information;

　　(5) The chairman reviews and agrees;

　　(6) The secretary of the board of directors issues relevant contents of the announcement and contacts disclosure matters.

　　Article 46 The secretary of the board of directors is the person directly responsible for information disclosure, responsible for information disclosure matters, including establishing an information disclosure system, receiving visits, answering inquiries, contacting shareholders, providing investors with the company’s publicly disclosed information, preparing and reporting to the sponsor The securities firm submits information disclosure documents, and contacts the news media to publish the disclosed information, etc. Directors, supervisors, senior managers, and heads of various functional departments of the company shall actively support the work of the board secretary, and no institution or individual may interfere with the work of the board secretary.

　　Article 47 The secretary of the board of directors is responsible to the board of directors, specifically responsible for the coordination and organization of information disclosure matters, and handles the company's external information disclosure affairs on behalf of the board of directors.

　　Article 48 The secretary of the board of directors accepts relevant materials and relevant information involved in the information disclosure work provided by relevant departments of the company on behalf of the company, and the secretary of the board of directors determines its importance, decides whether it needs to be reported to the chairman of the board and the chairman of the board decides the matters to be disclosed to the outside world. The secretary of the board of directors shall handle the company's external information disclosure affairs according to the decision of the chairman of the board.

　　Article 49 When relevant departments of the company study and decide matters involving information disclosure, they shall notify the secretary of the board of directors to attend the meeting and provide him with the materials required for information disclosure.

　　For any information that may be included in the scope of management information, the relevant departments and personnel of the company shall promptly solicit the opinions of the secretary of the board of directors in advance to determine whether it needs to be disclosed in a timely manner or whether it can be disclosed. Before soliciting the opinions of the secretary of the company's board of directors, the relevant departments and personnel of the company shall not disseminate and disclose the company's management information without authorization.

　　Article 50 The secretary of the board of directors shall be responsible for the confidentiality of information and formulate confidentiality measures; when inside information is leaked, remedial measures shall be taken to explain and clarify in a timely manner.

　　Article 51 The secretary of the board of directors, as the designated contact person between the company and the main brokerage firm, must ensure that the main brokerage firm can contact him at any time.

　　Article 52 Departments and personnel who know the information that the company should publicly disclose to the outside world shall promptly notify the secretary of the board of directors of the relevant information and provide relevant materials.

　　Article 53 Before making any major decisions, all departments of the company shall seek the opinions of the board secretary from the perspective of information disclosure.

　　Article 54 In the case of possible inclusion of management information by the company, anyone in the company who accepts media interviews must first obtain the approval of the board of directors or seek the opinions of the secretary of the board of directors, and submit the main points of the interview to the secretary of the board of directors in advance. Failure to perform the aforementioned procedures shall not publish any substantive information about the company to the media.

　　Article 55 Any public plan such as the company's publicity plan and marketing plan must be notified to the secretary of the board of directors at least five working days before implementation, and the original plan shall be adjusted or modified based on the opinions of the secretary of the board of directors.

　　Article 56 The personnel and administrative department of the company shall be responsible for the management of the records of directors, supervisors, and senior management personnel performing their duties, as well as information disclosure-related documents and materials.

　　Chapter V Implementation of Information Disclosure

　　Article 57 The secretary of the board of directors shall strictly comply with relevant laws, administrative regulations, departmental rules and regulations, such as the "Business Rules of the National SME Share Transfer System (Trial)", "The Detailed Rules for Information Disclosure of Companies Listed on the National SME Share Transfer System (Trial)", etc. The regulations of the host securities firm arrange the company's information disclosure work.

　　Article 58 Relevant departments and personnel of the company shall provide necessary assistance to the secretary of the board of directors.

　　Article 59 Company shareholders and other persons with information disclosure obligations (including legal persons, natural persons and other organizations) shall perform their information disclosure obligations in accordance with relevant regulations, actively cooperate with the company in its information disclosure work, and promptly inform the company that it has occurred or Major events planned to occur, and relevant information will not be disclosed before disclosure.

　　When the company needs to understand the relevant circumstances, shareholders and other persons with information disclosure obligations shall provide assistance.

　　Chapter VI Supplementary Provisions

　　Article 60 When the relevant personnel's dereliction of duty leads to violations of information disclosure, causing serious impact or loss to the company, the responsible person shall be criticized and warned until the punishment is dismissed. Securities regulatory authorities such as the China Securities Regulatory Commission, the lead brokerage firm and other securities regulatory authorities may combine penalties if they have other sanctions.

　　Article 61 If the content of this system conflicts with the laws, regulations, rules and other normative documents promulgated by relevant state departments or matters not covered by this system, it shall be in accordance with the provisions of relevant laws, regulations, rules and other normative documents carried out.

　　Article 62 This system shall be implemented from the date of approval by the board of directors.

　　Article 63 The board of directors of the company is responsible for the interpretation and modification of this system.

　　Henan Shenma Warwick Plastic Co., Ltd.

　　Board of Directors

　　April 17, 2018