CH Phoenix at its held its 2nd Extraordinary General Meeting of 2018 held on 30 July 2018 approved the appointment of Wang Tao, Xiao Xiang, Chen Xu, Zhao Chuanjiang and Qian Ming as non-independent independent directors; Du Longquan, Guo Changbing, Hu Zhengliang and Zhao Zheng as independent directors; Xu Zhirong, Guan Yuan and Mao Wenyi as non-employee supervisors.