Upon the verification and approval of China Securities Regulatory Commission, Anhui Jiangnan Chemical Industry Co. Ltd (002226) successfully executed the material asset reorganization scheme and directionally issued 123.8 million shares in Shenzhen Stock Exchange on June 15,2011.

Jiangnan Chemical Industry is a manufacturing company of civil explosive materials designated by Ministry of Industry and Information Technology, the main business of which is production of chemical material and chemical products.

Jingtian & Gongcheng acted as the issuer’s lawyer.