Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2020-46




                                     ADAMA Ltd.
             Announcement of the Resolutions of the 13th
      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 13th Meeting of the 8th Session of the Board of Supervisors of ADAMA Ltd.
     (hereinafter referred to as the “Company”) was held via video conference meeting on
     August 19, 2020 following notifications to all the supervisors by email. Three
     supervisors were entitled to attend the meeting and three supervisors attended.

     The meeting complied with all relevant laws and regulations as well as the Articles of
     Association of the Company. The following resolutions were deliberated and adopted:

     1. Proposal on the 2020 Semi-Annual Report and its Abstract

     After reviewing, the Board of Supervisors confirm that the preparing and reviewing
     procedures of the 2020 Semi-Annual 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 2020 Semi-Annual 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.

     2. Proposal on the Special Report on the Deposit and Actual Usage of the Raised
        Funds in the First Half of 2020

     This proposal was passed with 3 affirmative votes, 0 negative votes, and 0 abstentions.
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It is hereby announced.



                              Board of Supervisors of ADAMA Ltd.

                                                 August 21, 2020




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