Zhejiang Yinlun Machinery Co.,Ltd. at its EGM held on August 6, 2020, approved the election of Xu Xiaomin, Chen Bufei, Xu Zhengzheng, Chai Zhonghua, Pang Zhengzhong and Zhou Haonan as non-independent directors, election of Peng Yinghong, independent director, Liu Haisheng, independent director and Yu Xiaoli, independent director and the election of Zhu Wenbin, supervisor and Zhu Shengqiang, supervisor.