On May 21, 2020, the sixth board meeting of Hangzhou Wandong Electronics Co., Ltd. was held as scheduled by the vote of on-site and communication meeting.The meeting was presided over by Chang Qian, chairman of the board of directors of the company. Yang Yongming, member of the Party Committee and deputy general manager of the Group company, Li Guiwen, chairman of the last hangwan Company, members of the board of supervisors and senior management personnel attended the meeting.

The meeting deliberated and approved the work report entitled "pull together, forge ahead, strive to create a new journey for Hangwan Company -- Work summary of 2019 and work thoughts for 2020" made by Tian Feng, general manager of Hangwan Company.The meeting listened to the analysis report of 2019 financial situation, deliberated and approved the 2019 financial final account report, profit distribution plan, the company's 2020 financial budget report and 2020 new product development investment report.The company's operating policy and economic assessment indicators in 2020 were clarified.

The meeting held that Hangwan company started and won the battle for the relocation of "Project No. 1" when completing the production and operation task in 2019, shortened the delivery time of the factory plot, turned "impossible" into "possible", and achieved fruitful results.Chang Qian, the new chairman, made a statement, standing at the turning point of enterprise relocation and development, will do his best to work with Hangwan company to create a better future.Li Guiwen, who has just passed on the baton of the chairman of the board, said that in 2019, the company's management team led all cadres and employees to bear the heavy pressure of relocation, work overtime at full speed to grab orders and meet the inventory production, and achieved remarkable results, which is really not easy.The spirit of all the staff of Hangwan company to give up their homes for everyone is moving. Meanwhile, we would like to express our heartfelt thanks to the Party Committee and all functional departments of the group for their strong support.Li Dong put forward expectations for the future of the company: first, to improve the level of management, enhance the ability of corporate governance.Second, we should optimize the product structure and develop high-end product serialization, so as to improve the gross profit rate of products and enhance the benefits.Third, we need to broaden enterprises' financing channels and promote enterprise system reform with the help of the capital market.

Yang Yongming, member of the Party Committee of the Group company and vice general manager, made an important speech. Yang stressed that 2019 is an extremely difficult year for Hangwan Company. The management team has the right idea and won the battle of relocation.Yang put forward requirements for the company's subsequent development: first, to find the correct positioning, clear direction, start to do a good "14th five" planning, to seize the opportunity to move, find a good article, good bureau;Second, the enterprise internal division of labor and cooperation, through the improvement of management benefits;Third, the relocation of human resources should be reasonably deployed with the vision of development, optimize personnel allocation, lean and efficient operation;The fourth is to take this opportunity to upgrade technology, improve the level of automation and manufacturing capacity of equipment, so that enterprises to better, better, stronger direction of development.Five is to firmly establish red line consciousness, alarm bell ringing.Production safety has always been the first priority.