On May 31, SHENZHUANG GROUP held the 30^th Meeting of Board of Shareholders to deliberate and approve relevant reports, bills and plans, and to elect a new Board of Directors and a new Board of Supervisors of SHENZHUANG GROUP. The members of the Board of Directors are composed of five persons: Wu Fugui, Zhu Biao, Xue Anfeng, Wu Lei and Sheng Jing. The members of the Board of Supervisors are composed of three persons: Wu Qiaoping, Wang Gang and Liu Qinghua. After the establishment, the new Board of Directors and the new Board of Supervisor respectively held their first meeting. Wu Fugui was elected the Chairman of the Sixth Board of Directors of SHENZHUANG GROUP, Wu Qiaoping was elected the Chairman of the Sixth Board of Supervisors of SHENZHUANG GROUP, and Wu Fugui was also elected the President of SHENZHUANG GROUP.

      At the meeting, the work report of the Fifth Board of Directors and the work report of the Fifth Board of Supervisors of the group company were considered, the group company's financial and business situation in 2018 were briefed. The persons in charge of Shenzhuang Chizhou Industrial Park, Design Institute of the group company and Shenjiazhuang Decoration Company respectively made special reports on the development plan for 2018-2022, and other relevant bills were also deliberated and approved at the meeting.

      At the meeting, Wu Fugui, Chairman of the group company, on behalf of the Fifth Board of Directors of SHENZHUANG GROUP, reported the work of the Board of Directors in the past three years to the Board of Shareholders, and prospected the work of the new Board of Directors. After analyzing the development trend of the industry in the future, Chairman Wu put forward the general guiding ideology of the group's operation and development from 2019 to 2022: focusing on the development goal of '100-year brand, 100-year SHENZHUANG', we shall adhere to the strategy of 'talent-led, innovation-driven and co-development', concentrate on development, be absorbed in development, promote development by all means, seek new changes for redevelopment, and further expand the scale, strengthen industry and do a good job in principal industry so as to lay a solid foundation for realizing the listing of the group company and building a public enterprise. In the future, the group company will adhere to advancing informationization, refinement and standardization side by side to comprehensively improve the management level, adhere to the coordination between principal industry supporting and industry equilibrium to create the advantages of multi-chain innovation and development, and adhere to market orientation and business innovation to achieve rapid and sustainable development.

Wu Fugui, Chairman of the group company, on behalf of the Fifth Board of Directors of SHENZHUANG GROUP, reported the work of the Board of Directors in the past three years to the Board of Shareholders, and prospected the work of the new Board of Directors.

      Following the completion of the agenda, Chairman Wu Fugui delivered speeches to all shareholders on behalf of the Sixth Board of Directors and the Sixth Board of Supervisors of SHENZHUANG GROUP: Thank the shareholders for their long-term support for the work of the Board of Directors and the Board of Supervisors. All members of the new Board of Directors and the Board of Supervisors will devote themselves to the great cause of group construction and development, be loyal to the shareholders, do their duty, be sincere and united with courage to act and to assume, honor the mission, and return the trust and support of all shareholders with outstanding achievements.