Fujian Torch Electron Technology Co., Ltd for which Grandway has been providing whole legal service is listed on the Shanghai Stock Exchange

OnJan 26th,2015, Fujian Torch Electron Technology Co., Ltd, for whichGrandway has been providing whole legal service listed on Shanghai StockExchange (stock name: Torch Tech, stock number:603678).The amount of its commonRMB shares is 166.4 million, the 41.6 million IPO shares will be open fordealing as soon as listed. Fujian Torch Electron Technology Co., Ltd is acompany of researching, producing, selling, testing and servicing condensersand other related products.