The board of directors of Shanghai Jin Jiang Capital Company Limited announced that Chen Yinghao has ceased to be a staff representative supervisor of the Company with effect from 29 July 2020. Zhao Feng has been elected as the Staff Representative Supervisor of the fifth session of the supervisory committee of the Company with effect from 29 July 2020. His term of office commences on 29 July 2020 and will end on the date on which the term of the fifth session of the supervisory committee of the Company is concluded (i.e. at the conclusion of the Company's annual general meeting to be held in 2022). He was previously the deputy general manager of a branch company of Shanghai Jin Jiang International Travel Company Co. Ltd., the general manager of Shanghai Guolv Advertising Co. Ltd., and the member of the Party committee and the deputy head of the Culture, Sports, Broadcasting, Television and Tourism Bureau of Karamay in Xinjiang, as one of the ninth batch of officers assisting Xinjiang from Shanghai. He is currently the deputy secretary of the Party committee, the secretary of the discipline committee, the chairman of the labor union and the Staff Representative Supervisor of the Company.