Zhejiang Meida Industrial Co., Ltd. at its EGM held on December 31, 2019 approved appointment of Xia Lan, Zhong Chuanliang, Wang Peifei, Xu Jianlong and Xia Xinming as non-independent directors. Approved appointment of Zhang Meihua, Jin Ming and Zhang Lvlun as independent directors. Approved appointment of Zhou Huan and Liu Wanmin as shareholder supervisors.