The fourth meeting of the fourth board of directors of Panjin Guanghe Aquatic Products Co., Ltd. was held on May 16, 2011 in the company's small conference room. The directors of the company who participated in the meeting were: Li Xiaodong, Bai Yongan, Xing Yong, Liu Wei, Dou Liyan, Meng Fanqiang, Lei Yanzhi, Xu Jing (Shenyang Hengxin Investment Management Co., Ltd.), Lei Yanzhi (Independent Director), the attendees include: members of the company's supervisory board. The meeting was presided over by the chairman of the company, Li Xiaodong.