Ningxia Zhongyin Cashmere Co., Ltd. in its Extraordinary General Meeting of 2021 held on 18 May 2021, approved election and nomination of Li Xiangchun, Wang Runsheng, Hao Guangli, Shen Chen, Liu Jingjin and Jiang Yong as non-independent directors, Yu Shiquan, Zhang Gang and Wang Xinyuan as independent directors and Yin Chenghai and Gao Haili as non-employee supervisors, cumulative voting system applicable.