Shandong Molong Petroleum Machinery Company Limited, at the EGM held on 21 December 2018, approved election of Mr. Liu Yunlong as an executive Director, Mr. Zhang Yuzhi as executive Director, Mr. Li Zhixin as executive Director, Mr. Yao Youling as non-executive Director, Mr. Wang Quanhong as non-executive Director, Mr. Tang Qingbin as independent non-executive Director, Mr. Song Zhiwang as independent nonexecutive Director, Mr. Cai Zhongjie as independent nonexecutive Director of the sixth session of the Board of the company. The company also approved the election of Mr. Wei Zhaoqiang, Mr. Wang Minghua and Mr. Liu Bo as Supervisors of the sixth session of the Supervisory Committee of the company.