Hangzhou Prevail Optoelectronic Equipment Co., Ltd. in its Annual General Meeting of 2019 held on 21 May 2020, approved election and nomination of Xu Quanhai, Zhu Guotang, Xu Fengxian, Shi Xiaoping, Zheng Jing, and Guo Xiang as non-independent directors, election and nomination of Fu Yutao, Zhang Genyuan and Liu Wei as independent directors and election and nomination of Jiang Bing and Liu Zhizun as shareholder supervisors, cumulative voting system applicable.