Satellite Petrochemical: Guosen Securities Co., Ltd. On The Company's 2017 Continuous Supervision Training Guosen Securities Co., Ltd.

Guosen Securities Co., Ltd.

 Zhejiang Satellite Petrochemical Co., Ltd. 2017 Annual Continuous Training Report

Zhejiang Satellite Petrochemical Co., Ltd. (hereinafter referred to as “satellite petrochemical” or “company”) issued non-public shares and listed on the SME board of the Shenzhen Stock Exchange on August 8, 2017. Guosen Securities Co., Ltd. (hereinafter referred to as “sponsor institution” or “Guoxin Securities”), as its sponsor, designated Gu Pan and Zhang Wenjin as sponsor representatives, and the period of continuous supervision was from August 8, 2017 to December 31, 2018. . According to the “Regulations on the Administration of Securities Issuance and Listing Sponsorship” and the “Guidelines for the Sponsorship of Listed Companies of Shenzhen Stock Exchange”, Guoxin Securities sponsor representative Gu Pan and the staff of the continuous supervision project team will be on the 22nd of December 2017 to the directors of satellite petrochemicals. Supervisors, senior management personnel, shareholder representatives and some middle-level and above management personnel conducted a training. The relevant situation is reported as follows:

1, the basic situation of training

1. Training time: December 22, 2017

2. Training Location: Satellite Petrochemical Conference Room, Bujiao Road, Jiaxing Industrial Park, Jiaxing, Zhejiang, China

3. Participating in training personnel: directors, supervisors, senior management personnel, shareholder representatives and some middle and above management personnel

4. Training theme: share lock and reduction

2.  The main content of the training:

It introduces the basic regulations, norms and behaviors, operational norms and violation cases of the listed company's shareholder lock-in and reduction, and highlights the major shareholders, directors, supervisors, senior management personnel and other personnel of the listed company to fulfill the declaration of share changes and Information disclosure obligations.

3, the effect of this training

During the on-site training, the trainees carefully cooperated with the training of the sponsors and actively communicated to ensure the smooth development of the training. Through this training, participants have further understanding and understanding of the lock-up and reduction of shareholdings of listed company shareholders, and the training has achieved good results. (There is no text on this page, it is the signature and stamp page of "Guoxin Securities Co., Ltd. Zhejiang Training Co., Ltd.'s 2017 Continuous Supervision Training Report")

Sponsor representative: _____________ _____________

Gu Pan Zhang Wenjin

Guosen Securities Co., Ltd.