The founding meeting of Zhejiang Tiantai Pharmaceutical Co., Ltd. was successfully held

On October 12, 2020, the inaugural meeting and the first general meeting of shareholders of Zhejiang Tiantai Pharmaceutical Co., Ltd. were held at the Radisson Rongyuan Hotel in Tiantai County. More than 30 people, including all the company's sponsors, shareholders' representatives, directors' candidates, supervisors' candidates, proposed senior executives, and representatives of intermediary agencies, attended the meeting.

At this founding meeting, 21 proposals including the report on the preparation of Tiantai Pharmaceutical Co., Ltd., the overall change and restructuring, and the articles of association were reviewed and passed, and members of the first Board of Directors and the Board of Supervisors were elected. After the founding meeting, the first meeting of the first board of directors, the first meeting of the first board of supervisors, the first meeting of the strategy committee of the first board of directors, the first meeting of the nomination committee, the first meeting of the audit committee, and the first meeting of the remuneration and assessment committee were held successively, and 15 proposals including the general manager's working rules were reviewed and approved; The chairman of the board of directors and the chairman of the board of supervisors of Tiantai Pharmaceutical Co., Ltd. were elected, and new senior executives were appointed; The conveners of each special committee under the first session of the Board of Directors were reviewed and approved.

At the meeting, Guo Yiping, the chairman of the company, summarized the shareholding reform of Tiantai Pharmaceutical, elaborated the significance of shareholding reform, and said that the reform was a milestone in the company's development process, a major progress made in the company's capital market, and an inevitable path to achieve leapfrog development of the company. Guo Yiping, Chairman of the Board of Directors, expressed his heartfelt thanks to all the sponsors and shareholders for their great care and support during the preparation process, as well as the guidance and hard work of the working group on the listing of Tiantai Pharmaceutical Co., Ltd. and relevant intermediaries, and believed that with the trust, love and support of all the shareholders, and the concerted efforts and unremitting efforts of all the employees, the Company would repay shareholders and society with better performance.