The Board of Supervisors is a supervision organization of the Company who response for the Shareholders’ General Meeting to ensure that the shareholders’ interest and the Company’s interest are not infringed. The Board of Supervisors of the Company currently consists of 3 supervisors, Mr. Wang Ruichun is the Chairman of the Board of supervisors, employee representative Supervisor.
In accordance with the Articles of Association of the Company, the proportion of representatives of the employees shall not be less than one third of the total number of supervisors. Besides the supervisors who represent employees, other supervisors are appointed by the Shareholders’ General Meeting with a term of three years. Such elected supervisor may serve consecutive terms if re-elected.