On August 8, Chairman Li Xiaodong presided over the fourth meeting of the third board of directors of Panjin Guanghe Aquatic Products Co., Ltd. The board of directors was attended by Chairman Li Xiaodong, Vice Chairman Bai Yongan, Xing Yong, Directors Liu Wei, Zhang Changxin, Meng Fanqiang, Dou Liyan A total of 7 people, general manager Chai Yongqing attended the meeting.

At the meeting, the general manager Chai Yongqing made a work report on behalf of the company's management team. The report introduced and reported to the directors on the production projects, sales, R&D projects, financial situation and work plan for the second half of the first half of the year, and proposed that the company Current problems and solutions. The board of directors believes that this report is clear in thinking and pertinent in problem analysis, and the solutions to the company's existing problems are practical. The board of directors believes that the management team of Chai Yongqing after taking office is united and diligent, and the achievements are obvious. Although the company's operating indicators in the first half of the year are still far from the target at the beginning of the year, for example, individual production projects in Panjin (such as the jellyfish project) still have certain deficiencies, but this is because the production projects themselves are risky (such as Hainan investment) and not determined with certainty. The board of directors believes that the current management situation of the company has improved greatly. The board of directors agrees with the work deployment in the second half of the report, and emphasizes the following points: 1. Carefully manage the production projects with potential in the second half of the year. 2. Concentrate superior forces to do a good job in the two aspects of crab sales and catching. 3. Strengthen management, build a united, efficient and executive team, and implement the standards in strict accordance with ISO9001:2000 standards.

The board of directors also reviewed the "2006 bonus distribution plan" submitted by the general manager and "established the post of chief engineer and nominated Liu Xu" and formed a resolution, and passed the proposal that Liu Xu should serve as the company's chief engineer and enjoy the treatment of deputy general manager.

At the meeting, Chairman Li Xiaodong's strategic plan for the company's development was as follows:

1. Adhere to the road of developing enterprises through science and technology.

(1) Set a good direction: the development of new aquatic products, the development of aquaculture species (regional characteristic products and the introduction of new species from outside the region), and aquatic product processing.

(2) Guarantee a high level: introduce postdoctoral fellows, train postgraduates with the help of the R&D center platform, hire experts, improve the construction of scientific and technological teams, introduce foreign experts in the industry for project cooperation, and strengthen project management.

2. Adhere to the development of tidal flat shellfish projects: the breeding and breeding of clams and American round clams.

3. Adhere to the projects that adapt to local conditions: projects such as green shrimp and barracuda can be directly caught and cultivated from the estuary, and make full use of the existing tidal flat resources.

4. Adhere to the development of crab-related industries: increase efforts in breeding, recycling, breeding, and processing.

Other directors also discussed and reached preliminary opinions on the development of the deep processing project of river crabs and the construction project of feed factory around the comprehensive agricultural development and shareholding operation project.

The fourth meeting of the third board of directors is the first board of directors after the company's new general manager. The board of directors made an objective and fair evaluation of the company's work in the first half of the year, affirmed the achievements in the work, and pointed out that the company urgently needs to solve the problems. It has clarified the work focus and development direction in the second half of the year, which has played a role in linking the previous and the next, and will play a positive role in promoting the smooth completion of various indicators.