Shandong Ruyi Woolen Garment Group Limited By Share Ltd 2019 Annual Performance Notice

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

1. The expected performance of the current period.

1. Performance forecast period: January 1, 2019 - December 31, 2019

2. Expected performance:

A deficit will turn into a deficit.

Exergy

Two. Performance audit notice

This performance notice has not been pre registered by CPA.

Three, reasons for changes in performance

During the reporting period, due to the adverse effects of the macroeconomic situation, the increasing uncertainty of market demand and the stricter environmental policy, some of the subsidiaries of the company suffered a great deal of business, and their revenues and profits declined from the same period last year.

During the reporting period, the operating income and operating profit of the parent company were still higher than the same period last year, regardless of the government subsidy.

A wholly owned subsidiary is affected by factors such as local urban construction and environmental protection policies, and its production and operation are seriously affected.

Four, other related instructions

This performance forecast is the result of the preliminary calculation of the financial department of the company. The audit data of the audited company are not audited. The specific financial data are based on the annual report 2019 disclosed by the company. The company will strictly carry out information disclosure in strict accordance with the relevant laws and regulations.

We invite the majority of investors to make prudent decisions and pay attention to investment risks.

Notice hereby.

Shandong Ruyi woolen garment group Limited by Share Ltd

Board of directors

January 31, 2020