During October 30-31,2005, the reelection meeting of the Board of Directors of Chunlan (Group) Corp. was convened. The election group set up by more than 60 Chunlan representatives in accordance with law directly elected the members of the 2nd Board of Directors by adhering to the "just, open and democratic" principle and by secret ballot. The Chairman of the 1st Board of Directors of Chunlan (Group) Corp. Tao Jianxing was reelected as the Chairman of the 2nd Board of Directors and Shao Qihui, Li Hongzhi, Ren Guojun, Zhu Aiqun, Xu Wei, Sunqing, Xu Chengye, Zhang Hongzhi and Tai Baoxi was elected as the directors of the 2nd Board of Directors. At the 2nd meeting of the new Board of Directors, Chairman Tao Jianxing issued letters of appointment for the directors of the 2nd Board of Directors of Chunlan to 9 directors, including Shao Qihui and Xuwei. The 1st Board of Directors of Chunlan (Group) Corp. was founded in August 2000. Over past five years, bigger changes took place in the industry direction, management system, enterprise spirit, innovation system, marketing system and distribution system of Chunlan, modern corporate system and governance structure further improved and Chunlan formed the new development strategy and pattern based on traditional industries (e.g. household appliances and autos) and aiming at high-tech industries (e.g. new energy) and achieved the successful restructuring and sustainable development.
The members of the present Board of Directors still contain 4 external directors, who are Shao Qihui (the former Minister of the Ministry of Machinery Industry), Li Hongzhi (the former President of Nanjing University of Science and Technology and the academician of the Chinese Academy of Engineering), Ren Guojun (the law professor of China University of Politics and Law and the Grade I lawyer of the State Judicial Department) and Zhu Aiqun (the former Deputy Secretary of CPC Taizhou Municipal Committee and the Standing Vice Mayor). These 4 external directors contain the expert in macroeconomic research field, the scholar in natural science field and the elite in social science field. Because they hold no administrative posts at Chunlan and are not interfered with by specific affairs, they are able to participate in important decisions as well as supervision and assessment over the top management by taking an objective and just position, thus making the decisions of the Board of Directors more scientific and democratic and guaranteeing the objectiveness and justness of supervision and assessment. The establishment of the 2nd Board of Directors of Chunlan is just after the closing of the Fifth Plenary Session of the Sixteenth Central Committee and the determination of the State "Eleventh Five-year Plan". Besides, the five-year term of office of the present Board of Directors is the same as the duration of the State "Eleventh Five-year Plan". This heralds that under the leadership of new leading group, Chunlan will step onto a new turning stage, grasp and capitalize on this important strategic opportunity and go all out to facilitate the quick and sound economic growth of the Group by leveraging a proactive approach of continued development and innovation.
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