Tianjin Pengling Group Co. Ltd. approved the election and nomination of Wang Zhifang, Wang Huajie and Tian Jinping as non-independent directors, Yu Weiping, Sheng Yuangui and Zhu Hong as independent directors and Liang Chen and Xia Yuanyu as non-employee supervisors at the Extraordinary General Meeting of 2020 held on 10 December 2020.