Announcement of the Supplementary Notice on the 2019 Annual Shareholders' Meeting
Tianguang Zhongmao Co., Ltd. (hereinafter referred to as "the Company" or "this Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
The election of independent directors for the fifth Board of Directors will be conducted by a differential voting method, with three candidates to be elected.
On June 11, 2020, the Company disclosed the "Announcement on the 2019 Annual Shareholders' Meeting" on the Giant Tide Information Network. On June 23, 2020, the Company received a letter from shareholder Chen Xiuyu, who holds more than 3% of the shares, proposing to add temporary proposals to the 2019 Annual Shareholders' Meeting (hereinafter referred to as "Proposal Letter One"). On June 24, 2020, the Company received a letter from shareholder Qiu Maoguo, who also holds more than 3% of the shares, proposing to add temporary proposals to the 2019 Annual Shareholders' Meeting (hereinafter referred to as "Proposal Letter Two").
Content of Proposal Letter One: Given that independent directors Chen Jinlong, Hao Xianjing, and Wang Youping have submitted written resignation reports to the Board of Directors and resigned from their positions, and these three independent directors have repeatedly requested the Company to promptly supplement independent directors, shareholder Chen Xiuyu requests that the proposals for the election of Mr. Chen Yuanshun and Mr. Tian Wuxing as independent directors be submitted as temporary proposals for consideration at the 2019 Annual Shareholders' Meeting to ensure the smooth operation of the Board and improve the corporate governance structure.
Content of Proposal Letter Two: Given that independent directors Chen Jinlong, Hao Xianjing, and Wang Youping have submitted written resignation reports to the Board of Directors and resigned from their positions, and these three independent directors have repeatedly requested the Company to complete the relevant position supplements, shareholder Qiu Maoguo requests that the proposals for the election of Meng Qi, Shen Jingying, and Liu Qiang'an as independent directors of the fifth Board of Directors be submitted as temporary proposals for consideration at the 2019 Annual Shareholders' Meeting to improve the corporate governance structure and protect the legal rights of the listed company and all shareholders.
After deliberation at the twelfth meeting of the fifth Board of Directors, it was agreed to submit the proposals for the nomination of Meng Qi, Shen Jingying, and Liu Qiang'an as candidates for independent directors to the 2019 Annual Shareholders' Meeting as temporary proposals. Other matters of the 2019 Annual Shareholders' Meeting remain unchanged.