In November 14, 2017, Chongqing Changjiang River Moulding Material GroupCo., Ltd. (Hereinafter referred to as CCRMM)’s initialpublic offering and listing application was approved by the forty-fourthIssuance Examination Conference of the seventeenth Issuance ExaminationCommittee of China Securities Regulatory Commission. CCRMMbecomes the seventh new listed companies in Chongqing in 2017, and fifty-firstA share listed companies in Chongqing. It is the first three new board transfersof successful enterprises in Chongqing, and it is also the first listed companyin Chongqing since the seventeenth Issuance Examination Committee.

CCRMM is the supplier of large professional precoated sand production and the provider of waste (old) sand resource solution inChina. Main business: raw sand mining and processing, casting precoated sand, sand core and casting excipients production, castingwaste (old) sand recycling technology, equipment development, equipmentproduction and fracturing proppant production,etc.. CCRMM has formed anintegrated comprehensive service advantage of self-sufficiency of rawmaterials, production of products and extended manufacture, and casting waste(old) sand recycling. Recycled sand precoated sand, "ChangjiangKangte" environment-friendly precoated sand, and the "ChangjiangSaite" inorganic precoated wet sand developed by CCRMMbelong to green casting innovate products, and the CZS waste (old) sandrecycling technology and equipment developed by CCRMM are leading the world athome and abroad.

As the special consultant firm of issuer CCRMM, TahotaLaw Firm (Chongqing) has worked out a work plan according to the relevantlaws and regulations and the relevant provisions of China Securities RegulatoryCommission, and conducts due diligence on the project. It issues professionallegal advice, actively cooperates with the sponsor agencies (Sealand Securities), audit institutions (Tian Jian) and other intermediary agencies, andcommunicates and coordinates the legal problems existing in the listingprocess, so as to enable the project to pass smoothly. The IPO of CCRMM is thefirst IPO project successfully handled by the local law firm in Chongqing.

Dr. Liu Zhiqiang, a senior partner in Tahota Law Firm, is the head ofthe IPO project. Project team members include Mei Yingxue (Host lawyer), Zou Yi(Host lawyer), Wang Jiaojiao, Wang Honglei, Luo Yingfu, Xiong Ruofan, Zhou Xin,Zheng Shun, Liu Tong.