Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2019-50




                                      ADAMA Ltd.
            Announcement of the Resolution of the 11th
     Meeting of the 8th Session of the Board of Supervisors

      The Company and all members of its board of supervisors hereby confirm that all
      information disclosed herein is true, accurate and complete with no false or
      misleading statement or material omission.




    The 11th Meeting of the 8th Session of the Board of Supervisors of ADAMA Ltd.
    (hereinafter referred to as the “Company”) was held via on-site and video conference
    meeting on October 30, 2019 following notifications to all the supervisors by phone.
    Three supervisors were entitled to attend the meeting and three supervisors attended.

    The meeting complies with all relevant laws, regulations and the Articles of
    Association of the Company. The following resolution was deliberated and adopted:

    Proposal on the Q3 2019 Report

    After reviewing, the Board of Supervisors confirm that the preparing and reviewing

    procedures of the Q3 2019 Report adopted by the Board of Directors are in line with the
    requirements of the laws, the regulations, and the provisions of CSRC. The contents of
    the Q3 2019 Report are true, accurate and complete with no false or misleading
    statement or material omission.


    This proposal was passed with 3 affirmative votes, 0 negative votes and 0 abstentions.

    It is hereby announced.

                                                    Board of Supervisors of ADAMA Ltd.

                                                                         October 31, 2019

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