Jiangquan Industrial Company, formerly known as Linyi Industrial Enamel Co., Ltd., is a joint-stock company established by Linyi Industrial Enamel Factory by converting all its net assets into shares with the approval of the Economic Reform Committee of Linyi District, Shandong Province on February 25th and 30th, 2002. The total share capital of the company is 28.52 million shares, of which the promoters convert all their net assets into/kloc-0.80 million shares and internal employee shares/kloc-0.52 million shares. After years of delivery, by the end of 1996 and 10, the total share capital of Linyi Industrial Company reached 68.92 million shares, including 31120,000 shares of promoters and 37.8 million shares of internal employees. 1996 1 1 Approved by Shandong Provincial Commission for Economic Restructuring, Lu Ti Gai Sheng Zi [1996]No. 173 andNo. 180, Linyi Industrial Company merged with Jiangquan Ceramics by means of absorption and merger, and the share capital of Jiangquan Ceramics. 19961February was passed by the resolution of the extraordinary general meeting of shareholders, and Linyi court was renamed as Shandong Jiangquan Industrial Co., Ltd.

1In August, 1997, the Shandong Provincial Commission for Economic Restructuring confirmed the company as a joint stock limited company established by public offering with the document of Lu Tigai [1997]128, and the Shandong Provincial People's Government issued the approval certificate of joint stock limited company (Lu [1997] No.6547). Among them, the promoter is 61120,000, the social individual is100,000, and the internal staff is 37.8 million. The company was re-registered in Shandong Administration for Industry and Commerce. 1in July, 1998, it was passed by the resolution of the extraordinary shareholders' meeting of Jiangquan Industry and Yibin Cement, and approved by the Shandong Provincial Commission for Economic Restructuring Lu Tigai Zi Han [1998] No.71. Jiangquan Industrial absorbed and merged Yibin Cement, and Yibin Cement's share capital was converted into Jiangquan Industrial's share capital according to the ratio of 1:0.82. After the merger, the People's Government of Shandong Province issued the Certificate of Approval for Limited by Share Ltd (Zi [1998]No. 1), with a total share capital of164024,000 shares, including 10048 as the promoter and13000 as the social legal person. The company registered the change in Shandong Administration for Industry and Commerce.

Since its establishment, the company has given full play to the advantages of joint-stock enterprises, accurately grasped market opportunities, made full use of the advantages of high technology content, abundant raw materials, sufficient energy and low product cost, innovated ideas, and achieved good business performance.