·Ningbo Jifeng Auto Parts Co., Ltd. Announcement of Major Events Suspension

Stock code: 603997 Securities abbreviation: Jifeng shares Announcement No.: 2017-014

Ningbo Jifeng Auto Parts Co., Ltd.

Major event suspension announcement

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint responsibility for the truthfulness, accuracy and completeness of the contents.

As Ningbo Jifeng Auto Parts Co., Ltd. (hereinafter referred to as “the company”) is planning major foreign investment matters, the main direction of the investment is the rail transit seat market. In view of the significant uncertainty of the matter, in order to ensure fair information disclosure, Maintaining the interests of investors and avoiding the abnormal fluctuation of the company's stock price. After the company applied for, the company's stock was suspended on June 1, 2017, and will be suspended from June 2, 2017.

The company promises that the company will determine whether to carry out the above-mentioned major events as soon as possible, and announce and resume trading within 5 working days from the date of suspension of the stock (including the day of suspension).

The company's designated information disclosure media is the website of Shanghai Stock Exchange () and China Securities Journal, Shanghai Securities News, Securities Times, Securities Daily, and the company information is based on the company mentioned above. The announcements published in the designated media shall prevail, and investors are urged to invest rationally and pay attention to investment risks.

Special announcement.

Ningbo Jifeng Auto Parts Co., Ltd.

June 1, 2017

Non-woven Fabric Line

Non-woven Fabric lines produce non-woven fabric with polypropylene(PP) and adopt the technology of air drawing into webbing by negative pressure, making into PP spun bond non-woven fabric. These machines are less investment, compact layout, space-saving, simple production technology, easy operation, labor-saving, and good compatibility. The product is featured by the uniform cover, great intensity, good breathable feature, good feeling and so on. It has been widely used in medical and protective products, household and hotel accessories, beauty cares disposable product, agricultural cover, clothes package and architecture and so on.