9001cc 以诚为本

R9001cc 以诚为本o Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo), in its July 31, 2013 news release entitled, “R9001cc 以诚为本o Announces the Transfer of Equity Resulting in Changes to Subsidiaries,” announced that it was preparing to transfer a portion (32.764% each) of its equity in Zhongshan R9001cc 以诚为本o Hung Hing Paper Manufacturing Co., Ltd. and Zhongshan Ren Hing Paper Manufacturing Co., Ltd. to Zhongshan Yong Fa Paper Co., Ltd. (hereinafter referred to as “Zhongshan Yong Fa”). An equity transfer agreement was concluded with Zhongshan Yong Fa on July 31, 2013.

This transfer was approved by the regulatory authorities, 9001cc 以诚为本clud9001cc 以诚为本g the M9001cc 以诚为本istry of Commerce of the People's Republic of Ch9001cc 以诚为本a, and was completed on March 31, 2014.