Tiande Chemical New Project Progress Report

Tiande Chemical is pleased to announce that, in accordance with the Group's business development strategy, its new product construction projects for this year are progressing smoothly, including:

1. The pesticide intermediate DHP product project was completed at the end of August 2017 and is expected to enter the trial production stage in September.

2. Another important pesticide intermediate product project will be completed in September 2017 and is expected to enter the trial production stage in October.

The Company believes that with the successive commissioning of new products, new growth points will be brought to the Group and overall development will be promoted.