*ST Velvet ((000982): Changing Office Address And Investor Contact Information

Bulletin of Limited by Share Ltd of Ningxia cashmere industry on changing office address and investor contact mode

All members of the company and the board of directors guarantee the authenticity, accuracy and completeness of the information disclosure. There is no false record, misleading statement or major omission.

The Bank of China Ningxia Limited by Share Ltd (hereinafter referred to as the "company") has completed the reorganization at the end of 2019, taking into account the company's office cost and future development needs. After deliberating and approving the eighteen meeting of the seventh board of directors, the company moved its office from Lingwu to Yinchuan City, and the company's registration place remained unchanged. The company has recently moved to the new office address. The related changes are hereby announced as follows:

Before change:

1, office address: Lingwu ecological textile park, Ningxia (north side of south 2nd Ring Road, Lingwu City, east of two road)

2, investor contact number: 0951-4038950 to 8934 or 6388

3, fax: 0951-4519290

4, zip code: 750400

After the change:

1, office address: 15 floor of Longji building, Taikang street, Jinfeng District, Yinchuan, Ningxia.

2, investor contact telephone number: 0951-596932813323505023

3, fax: 0951-5969368 to 615

4, zip code: 750002

The above changes will be officially opened on the date of this announcement. In addition to the above changes, the company's registered address, e-mail and other contact modes remain unchanged.

Notice hereby.

The board of Limited by Share Ltd of Ningxia BOC cashmere industry

Two June 20th two