Xiamen Tungsten Co., Ltd. at its 8th directorate meeting on June 10, 2020 approved the election of Ji Tianyu as vice chair of the 8th directorate, the "Election of Ye Xiaojie and Satoshi Yoshida as Members of Strategic Development Committee of 8th Directorate, Election of Ye Xiaojie as Member of Audit Committee of 8th Directorate.