Yantai North Andre Juice : Announcements and Notices - RESIGNATION OF SUPERVISOR AND PROPOSED APPOINTMENT OF SUPERVISOR

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Yantai North Andre Juice Co., Ltd.*

(a joint stock limited company incorporated in the People's Republic of China)

(Stock code : 02218)

RESIGNATION OF SUPERVISOR AND PROPOSED APPOINTMENT OF SUPERVISOR

This announcement is made by Yantai North Andre Juice Co., Ltd. (the "Company") pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Listing Rules").

Mr. Wang Chuntang has informed the Company that due to reaching retirement age, he will resign as a shareholder-approved supervisor of the Company (the "Supervisor") with effect from the conclusion of the annual general meeting of the Company to be convened on 26 June 2018 (the "Annual General Meeting").

The supervisory committee of the Company (the "Supervisory Committee") has nominated Mr. Wang Kun as a Supervisor to fill the vacancy arising from the resignation of Mr. Wang Chuntang as a Supervisor. The appointment of Mr. Wang Kun is subject to the approval of the shareholders of the Company (the "Shareholders") at the Annual General Meeting.

RESIGNATION OF SUPERVISOR

Mr. Wang Chuntang has informed the Company that due to reaching retirement age, he will resign from his position as a Supervisor with effect from the conclusion of the Annual General Meeting.

Mr. Wang Chuntang has confirmed that he has no disagreement with the Supervisory Committee or the board of directors of the Company (the "Board") and there is no matter relating to his resignation that needs to be brought to the attention of the Shareholders.

The Company would like to take this opportunity to express its gratitude and appreciation to Mr. Wang Chuntang for his valuable contributions to the Company during his tenure of service.

* For identification purpose only

PROPOSED APPOINTMENT OF SUPERVISOR

The Supervisory Committee has nominated Mr. Wang Kun as a Supervisor to fill the vacancy arising from the resignation of Mr. Wang Chuntang as a Supervisor, with effect upon obtaining the approval of the Shareholders by ordinary resolutions at the Annual General Meeting for a term of office in line with the current session of the Supervisory Committee.

The biographical details of Mr. Wang Kun is set out below:

Mr. Wang Kun (王坤), aged 37, is a member of the Communist Party of the People's Republic of China. Mr. Wang Kun held high school diploma. Mr. Wang Kun joined the Company in August

2000. From July 2005 to July 2015, Mr. Wang Kun served successively as the vice director of the production department of a subsidiary of the Company, the director of the production department, assistant to the chairman of the Company and then as the vice general manager of a subsidiary of the Company. From March 2015 to March 2017, Mr. Wang Kun served as the general manager of Baishui Andre Juice Co., Ltd.* (白水安德利果蔬汁有限公司), a subsidiary of the Company. Since

April 2017, he has been serving as the general manager of Liquan Yitong Juice Co., Ltd* (禮泉億通 果蔬汁有限公司), a subsidiary of the Company.

Mr. Wang Kun will enter into a service contract with the Company, which shall provide for a 1-year length of service starting from the date of the Annual General Meeting. He is proposed to receive, as a Supervisor, an annual remuneration of RMB30,000, and the amount will be paid in accordance with his performance appraisal(s). The remuneration plan is subject to the approval by the Shareholders at the Annual General Meeting.

Save as disclosed above, Mr. Wang Kun has not held any other directorship in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas, or held any other major appointment and professional qualification. Furthermore, Mr. Wang Kun has not had any relationship with any directors, senior management or substantial or controlling Shareholders of the Company, nor does he have any interests in the shares of the Company or any of its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Save as disclosed above, so far as the Board is aware, there is no information on Mr. Wang Kun which needs to be disclosed pursuant to any of the requirements under paragraphs 13.51(2)(h) to 13.51(2)(v) of the Hong Kong Listing Rules and there are no other matters that need to be brought to the attention of the Shareholders.

ANNUAL GENERAL MEETING

A supplemental circular (including a supplemental notice of the Annual General Meeting) regarding the resolution to consider and approve the proposed appointment of Mr. Wang Kun as a Supervisor, will be despatched to the Shareholders in due course.

By order of the Board

Yantai North Andre Juice Co., Ltd.*

Wang An

Chairman

Yantai, the PRC, 25 May 2018

As at the date of this announcement, the executive Directors are Mr. Wang An, Mr. Zhang Hui and Mr. Wang Yan Hui, the non-executive Director is Mr. Liu Tsung-Yi, and the independent non-executive Directors are Mr. Jiang Hong Qi, Mr. Li Wei and Mr. Li Tong Ning.

*

For identification purpose only