Guangdong Xinhui Meida Nylon Co., Ltd. Appoints Yang Yi as an Independent Director

Guangdong Xinhui Meida Nylon Co Ltd is a China-based company principally engaged in the production and sales of nylon 6 chips and spinning. The Company is also engaged in supporting textile production. The Company's main products include nylon 6 chips, nylon 6 fiber and nylon 6 fabrics, such as civilian spinning grade chips, industrial spinning grade chips, film grade chips, modified base material chips, injection molding grade chips, as well as a variety of features fiber. The Company's products are mainly used in civilian spinning, modified plastics, engineering plastics and injection molding industries. The Company distributes its products within the domestic market and to overseas markets.