Date of announcement  2019/06/24
Time of announcement  18:11:15

 
Date of events   2019/06/24 
To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution:2019/06/24
2.Reason for the capital reduction:In order to comply
with financial plan of CDF and enhance the efficiency
of capital of CDF
3.Amount of the capital reduction: USD90,000,000
4.Cancelled shares:0 shares
5.Capital reduction ratio:51.35%
6.Share capital after the capital reduction:
USD85,281,662.31
7.Scheduled date of the shareholders' meeting: 2019/06/24
8.Estimate listed common shares after the capital reduction:
 Not applicable
9.The estimate ratio of listed shares to the company's issued
  common shares, after the capital reduction:Not applicable
10.Countermeasures of the lower circulation in shareholding,
  if the aforesaid estimate listed common shares does not
  reach 60 million shares and the ration does not reach 25%
  after the capital reduction:Not applicable
11.Any other matters that need to be specified:None