On October 9, Tianshan Stock Company announced that in order to improve the corporate governance structure and ensure the standardized operation of the board of directors, according to the relevant provisions of the Company Law of the People's Republic of China and the Articles of Association of the Company, the board of directors of the company consists of nine directors, seven directors are currently available, and two directors need to be elected. Recommended
by the shareholders of the company and nominated by the nomination committee of the eighth board of directors, the company convened the twenty-sixth meeting of the eighth board of directors on October 9, 2023, with 7 consents, 0 objections and 0 abstentions, and considered and adopted the Bill on By-election of Non-independent Director Candidates of the Eighth Board of Directors. It was agreed to elect Mr. Wang Bing and Mr. Yin Zhisong as candidates for non-independent directors of the eighth session of the Board of the Company, with their terms of office commencing from the date of consideration and approval at the general meeting and ending on the expiry date of the term of the eighth session of the Board of the Company.
At the same time, the board of directors of Tianshan Stock Company considered and approved the Bill on the Adjustment of the Members of the Special Committee of the Eighth Board of Directors, and agreed to adjust Mr. Zhao Xinjun as a member of the Strategic Committee of the Eighth Board of Directors of the Company. The term of office shall commence from the date of approval by the meeting of the Board and end on the expiry date of the term of the eighth session of the Board. Details after
adjustment are as follows: Liu Yan, Zhao Xinjun, Cai Guobin, Kong Xiangzhong and Lu Zhengfei, among whom Mr. Liu Yan is the chairman.