[Shanxing Network] Subsidiary Xiamen Cankun Industrial Co., Ltd. Announces Parent Company's Stock Increase Plan

1. Date of Fact: 115/06/25 2. Company Name: Xiamen Cankun Industrial Co., Ltd. 3. Relationship with the Company (Please enter the parent company or subsidiary): Subsidiary 4. Cross-shareholding Ratio: 42.90% 5. Reason for Occurrence: According to the resolution of the board of directors of Xiamen Cankun Industrial Co., Ltd. and the announcement made on December 31, 2012, on the Shenzhen Stock Exchange <Announcement on the Controlling Shareholder's Plan to Increase Company Shares> (Announcement No.: 2012-093): Qiaomin Investment Co., Ltd. promises to initiate a plan to increase company shares on the next trading day when the company's stock trading day closing price is below HKD 2.40 per share. 6. Countermeasures: Within six months from the first announcement of the increase plan, the cumulative increase shall not be less than 0.10% of the total issued shares of the company and shall not exceed 0.20% of the total issued shares of the listed company. If the closing price of the company's shares on a certain trading day is still below HKD 2.40 per share, the second plan to increase the company's shares will be initiated on the next trading day when the closing price of the company's shares is below HKD 2.40 per share; and within twelve months from the first announcement of the increase plan, the cumulative increase shall not exceed 2% of the total issued shares of the listed company. 7. Other matters to be stated (if the subject of the event or resolution is a publicly issued company, this major information simultaneously meets the provisions of Article 7, Paragraph 9 of the Securities Exchange Act Enforcement Rules regarding matters that have a significant impact on shareholder rights or securities prices): None Keyword: Major Information