Hubei Xiangyuan New Material Technology Inc. at its extraordinary general meeting held on October 29, 2021, approved election and nomination of Huang Yonghong, Duan Jianping, Jiang Youfang and Liu Xi as non-independent directors; election and nomination of Su Ling, Lu Aiping and Wang Zhengjia as independent directors; and election and nomination of Hu Wenkai and Luo Yijun as non-employee supervisors.