The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions. I. Basic Situation Recently, the Zhejiang Provincial Department of Science and Technology, the Zhejiang Development and Reform Commission, and the Zhejiang Provincial Economic and Information Commission jointly issued the Notice on Announcement of the Results of the 2017 Provincial Enterprise Research Institute.
No. 125), as detailed in Zhejiang Province Science and Technology Agency website: http://, determined Zhejiang Jiaxing Silk Co., Ltd. (hereinafter "excellent good precision stainless steel metal Zhejiang technology Institute stretch" the "company") "Zhejiang Linda silk textile materials and new functional fabrics Research Institute" and the company subsidiary preferably Jiaxing metal products Co. It was recognized as a provincial-level enterprise research institute. Second, the main research direction 1. Zhejiang Jiaxing Silk Textile Research Institute of new materials and functional fabrics Research: super-strength varieties of silk cultivation and product development; multi-functional finishing technology silk fiber, the new environmentally friendly printing and dyeing technology research; organizational design and special weaving process, Printing and dyeing processing technology and other factors and fabrics take performance technology research; textiles and raw materials performance testing technology application research; new materials application research. 2. Zhejiang Youjia Metal Stainless Steel Precision Drawing Technology Research Institute Main research direction: Project development of precision mechanical seal series products; project research and development of controller series products; project research and development of automobile booster valve series products; R & D of the series of products; project research and development of furniture hardware series; research and development of automated production process of continuous stamping; project research and development of robotic welding process technology; project research and development of energy saving and efficiency improvement. Third, the impact of the Institute's Company and its subsidiaries are recognized as a provincial Enterprise Institute, is the company's existing research and development, production technology and recognized the work of scientific and technological innovation, the company's long-term development and have continued to improve profitability Certain positive effects. The company will continue to strengthen scientific and technological innovation and R&D investment in the later period, adding momentum to the company's sustainable development and laying a solid foundation for the company to achieve innovation and upgrading. The above determination will not have a significant impact on the company's operating results in the short term. Investors are advised to pay attention to investment risks. IV. Documents for reference 1. The Science and Technology Department of Zhejiang Province, “List of Provincial-level Enterprise Research Institutes in 2017†is hereby announced. Board of Directors of Zhejiang Jiaxin Silk Co., Ltd. September 6, 2017
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