HIT Welding Industry Co., Ltd. at its Extraordinary General Meeting held on 27 June 2022, approved election and nomination of Li Liansheng, Qiao Peixin, Xu Kai, Zhou Jinjing, Chen Chunxin and Chen Bo as non-independent directors; election and nomination of Wu Yixiong, Lu Zhenyang, Wang Bing and Qian Xin as independent directors; and election and nomination of Lei Zhen and Wang Lan as non-employee supervisors.