Item 5.07 Submission of Matters to a Vote of Security Holders.

On December 26, 2021, the Company held its annual shareholders meeting for the fiscal year ended December 31, 2020 (the "Annual Meeting"). Holders of 35,348,061 shares of the Company's common stock were present in person or by proxy at the Annual Meeting, representing 55% of the total outstanding shares of common stock and therefore constituting a quorum of more than one-third of the shares outstanding and entitled to vote at the Annual Meeting as of the record date.

The final voting results for the matters submitted to a vote of shareholders at the meeting are as follows. No broker non-votes were counted for the proposals.





  1.    A proposal to elect five director nominees to our Board of Directors:




Director's Name         Votes For        Votes Withheld
Zhilin Li                25,934,289           86,371
Heung Mei Tsui           25,933,285           87,375
Gene Michael Bennett     25,495,265           525,394
Yingwen Zhang            25,436,803           583,857
Baowen Dong              25,484,804           535,856

Pursuant to the foregoing votes, Zhilin Li and Heung Mei Tsui were elected to serve as our non-independent directors until the date of the annual shareholders meeting in three years and until their successors are elected and qualified. Gene Michael Bennett, Yingwen Zhang and Baowen Dong were elected to serve as our independent directors until the next annual meeting and until their successors are elected and qualified.

2. A proposal to adopt the Amendment No.2 to the Company's 2010 Long-Term


    Incentive Plan:




 Votes For        Votes Against       Abstentions
  25,917,951           94,918             7,791

Pursuant to the foregoing votes, the Amendment No. 2 to the Company's 2010 Long-Term Incentive Plan was approved and adopted.


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