The Pathfinder's "2015 Non Public Development Bank Stock Plan" Bill Was Passed.

The fourteenth session of the third board of directors of the holding group Limited by Share Ltd was convened. After a written vote by all the directors, it adopted deliberations on the adjustment of the company's 2015 annual plan for non public development stocks, the 2015 year plan for the development of non public development stocks (Revised Version), and non-public offering.

The feasibility analysis report on raising funds, the demonstration and analysis report on the stock issuing plan of non-public development banks, and the 5 motions that will renew the company's 2015 annual audit institutions.

The non-public offering shares will be listed on the Shenzhen stock exchange, which are listed as RMB common stock (A shares), with a face value of 1 yuan per share, and no more than 80 million shares (including 80 million shares).

The issuing price is not less than ninety percent of the average stock price of the twenty trading days before the first day of issue, or is less than ninety percent of the average stock price of a company on the first trading day before the first day of issue.

The final issue price shall be approved by the board of directors in accordance with the authorization of the shareholders' meeting to obtain the approval document of the CSRC in accordance with the application of this non-public offering.

The relevant rules are determined according to the results of the bidding with the sponsors (principal underwriters) of the issue.

The smooth implementation of this non-public offering will help speed up the Pathfinder's creation of the outdoor ecosystem strategy and further consolidate the Pathfinder as the leading expert in outdoor life as a whole solution expert.

The object of the offering is a securities investment fund management company, a securities company, an insurance institution investor, a trust investment company, a financial company, a qualified overseas institutional investor, and other legal persons, natural persons or other qualified investors who are in conformity with the provisions of the China Securities Regulatory Commission, and no more than 5 objects are issued.