沙隆达B：2010年年度报告(英文版) 2011-03-18(13)

沙隆达B：2010年年度报告(英文版) 2011-03-18

11th Employees’ Assembly dated 3 Dec. 2009.

On 9 Jul. 2010, the Company convened the 3rd Special Session of Shareholders General Meeting, of which Mr. Li Zuorong, Mr. Liu Xingping，Mr. He Fuchun, Mr. Liu Anping, Mr. He Xuesong, Mr. Deng Guobin, Mr. Yin Hong, Ms Li Hui, Mr. Ai Qiuhong, Ms. Zhang Huide and Mr. Li Deijun were elected as Directors of the 6th Board of Directors.

On 6 Dec. 2010, Director and GM of the Company Mr. He Fuchun submitted resignation to the Board of the Company due to personal reason. According to regulations of Articles of Association of the Company, the Board of the Company accepted the resignation from Mr. He Fuchun.

6. Particulars about the annual remuneration of directors, supervisors and senior executives

Basis for the decision procedure and recognition of remuneration of directors, supervisors and senior executives: the Rules for Implementing Remuneration of Directors, Supervisors and Senior Executives drew up standing principle of the remuneration of directors, supervisors and senior executives, and decide the appraisal index of operation achievements or management duties for the Senior Executives, according to the overall development strategy and annual operating target, while at the end of the year, the Board appraised Senior Executives based on the work report and business achievement of Senior Executives.

Independent directors of the Company would not enjoy salary in the Company while the Company would drop annual allowance of RMB 48,000 to independent directors respectively. Independent directors would present relevant meetings, perform responsibilities according to Articles of Association and apply for allowance factually. Annual remuneration for supervisors was paid according to their posts.

II. Particulars about employees

As at 31 Dec. 2010, the Company totally had 2518 employees in service. The Company executed overall labor contract system, and carried out relevant provisions stipulated by the state as well as local laws and statutes. Expenses for retirees were all paid by society.

Classification according to structures was as follows: 1. Classification based on specialty

Specialty category

Production personnel Technical personnel Financial personnel Sales personnel

Administrative personnel

Number

169349447108176

Number

72215011789

2. Classification based on education background

Education background

Master

University diploma Junior college Others