Xinbao at EGM held on January 22, 2018 approved election of Guo Jiangang, Guo Jianqiang, Zeng Zhanhui, Yang Fangxin, Wang Wei and Zhu Xiaomei as non-independent directors. The company also approved election of Lan Hailin, Zhu Tao and Wang Xiaohong as independent directors. The company also approved election of Pan Weidong and Wan Aimin as supervisors.