Monalisa at its 2nd Extraordinary General Meeting of 2018 held on July 13, 2018 approved election of Xiao Hua, Huo Rongquan, Deng Qitang, Zhang Qikang, Xiao Libiao and Chen Feng as non-independent directors. The company also approved election of Cheng Yinchun, Chen Huan and Wu Jianqing as independent directors. The company also elected Zhou Yachao and Huang Shulian as shareholder supervisors.