Quan Fu Biotech Announces Key Resolutions from 115th Annual Shareholders' Meeting

1. Shareholders' Meeting Date: 115/06/12 2. Important Resolution One, Profit Distribution or Loss Allocation: Approved the 114 fiscal year loss allocation proposal. 3. Important Resolution Two, Charter Amendments: Approved the amendment to the 'Articles of Incorporation'. 4. Important Resolution Three, Business Report and Financial Statements: Approved the 114 fiscal year business report and financial statements. 5. Important Resolution Four, Election of Directors and Supervisors: Approved the comprehensive renewal of the Company's 9 directors (including 3 independent directors). Elected Directors: - Lin Qun - Xu Wenqi - Guo Meihui - Zhang Zhenwu - Wei Yongdu - Anfu Dajiankang No.1 Limited Partnership Elected Independent Directors: - Li Zhongxi - Guo Zongming - Cheng Shouzhen 6. Important Resolution Five, Other Matters: Approved the amendment to the 'Procedures for Acquisition or Disposition of Assets'. Approved the amendment to the 'Rules of Procedure for Shareholders' Meetings'. Approved the proposal for the Company to conduct a cash增资 to issue ordinary shares for participation in overseas depositary receipts. Approved the removal of non-compete restrictions for newly appointed directors (including independent directors) and the legal entities they represent. 7. Other Matters to be Disclosed: None