On the afternoon of August 23, 2019, the 21st meeting of the 4th Board of Directors of Lanfeng was successfully held in person at Suhua Science & Technology Park, Suzhou. All directors, supervisors and senior executives attended or sat in on the meeting, which was convened and chaired by Chairman Mr. Yang Zhenhua.
The meeting first heard the "Company's Work Summary for the First Half of 2019 and Work Plan for the Second Half" presented by the director and General Manager Mr. Geng Bin, and then successively reviewed six motions including the "Company's 2019 Semi-annual Report and Summary". The leaders and guests present carefully reviewed the company's semi-annual report and offered pertinent and practical opinions and suggestions on the relevant motions. The meeting deliberated on the nominations for director candidates of the 5th Board of Directors and agreed to nominate seven non-independent director candidates including Mr. Yang Zhenhua and four independent director candidates including Ms. Wang Ren, to be submitted to the shareholders' meeting for approval.
On the afternoon of the same day, the company held the 14th meeting of the 4th Supervisory Board at Suhua Science & Technology Park, deliberating on the company's 2019 semi-annual report and the nomination of shareholder-representative supervisor candidates for the 5th Supervisory Board. The meeting agreed to nominate Ms. Zhou Chenxi and Mr. Tao Hua as shareholder-representative supervisor candidates for the 5th Supervisory Board. After approval by the shareholders' meeting, they will together form the company's 5th Supervisory Board with the employee-representative supervisor Mr. Shen Yongsheng.
The company will convene a shareholders' meeting on September 23, 2019 to deliberate on the re-election of the Board of Directors and the Supervisory Board. At that time, the re-election of both boards will be completed.
The company extends its sincere gratitude to the members of the 4th Board of Directors and the 4th Supervisory Board for their contributions to the company's development during their tenure!