1. Name of the reporting media: Economic Daily News C7
2. Date of the report: 2012/03/22
3. Content of the report: The content reported by the local press indicating that the resolution resolved by the Board of OUCC to construct a bioMEG plant is unsubstantiated and inaccurate.
4. Summary of the information provided by investors: N/A
5. Company’s explanation of the reportage or provided information: On 2012/03/06, the Board approved the indirect investment in Yangzhou, China to build a plant to produce MEG and EO.
6. Countermeasures: To clarify the information published by Economic Daily News
7. Any other matters that need to be specified: None