Zhejiang Runyang New Material Technology Co., Ltd. elected the board executives in an Extraordinary General Meeting held 14 January 2021. Wang Guanghai; Yang Qingfeng; Wan Lixiang; and Zhou Shuangshuang were elected as non-independent directors. Yang Xueyu; Liu Hanlin; and Xu Hesheng were elected as independent directors. Furthermore, Luo Bin and Xue Kai were elected as non-employee supervisors.