In the afternoon of July 20, the conference room on the fifth floor of the company was filled with banners and guests, presenting a grand and warm scene. Here, the Founding General Meeting and the First General Meeting of Shareholders, the First Meeting of the First Board of Directors and the First Meeting of the First Supervisory Board of Ningbo WECO Optoelectronics Co., Ltd., All the promoter shareholders of the joint stock company, director candidates, supervisor candidates, the proposed senior management of the company, as well as representatives of relevant intermediary organizations and shareholders attended the meeting. The general meeting was presided over by Chairman Qiu Zhiwei.

After deliberation and voting by all the sponsors shareholders who participated in the founding meeting, the meeting passed 16 motions including the preparatory report on the overall change of the limited company into a joint stock company according to law, the articles of association of the company, the rules of procedure of the shareholders' meeting, the rules of procedure of the Board of directors, the rules of procedure of the Board of Supervisors and other relevant management systems of the company.

The first board of directors of the joint stock Company was elected by the General Assembly, whose members are: Qiu Zhiwei, Lv Yan, Zhang Zheng, Xu Liyong, Wu Xiaoyan, Jing Zhiyong and Jiang Junxia, among which Wu Xiaoyan, Jing Zhiyong and Jiang Junxia are three independent directors. At the first meeting of the first board of directors immediately held, Qiu Zhiwei was elected as the chairman of the first board of directors of the joint stock company.

The General Assembly elected the first Supervisory Board of JSC, with the following members: Wu Zihao, Ye Jianyong, Lin Baoping, of which Ye Jianyong is the employee representative supervisor. At the first meeting of the first Supervisory Board held immediately, Wu Zihao was elected as the chairman of the first Supervisory Board of JSC.  

In the first session of the Board of Directors of the Joint Stock Company has been held, and at the same time, the senior executives of the Joint Stock Company were also appointed. The members are: General Manager Qiu Zhiwei, Executive Deputy General Manager Lv Yan, Deputy General Manager Zhang Zheng, Deputy General Manager Li Bo, Secretary of the Board of Directors and Financial Controller Wang Mingshan.

As a result, the organization and management system of the joint-stock company was established. 

Chairman Qiu Zhiwei made an important speech at the meeting. He said that the company's overall change to a limited company is not a simple name change, marking the company through the IPO landing on the capital market has taken a solid first step, the company has entered a new stage of development, the development of the company has a milestone of great significance. He expressed his sincere thanks to all the shareholders, intermediaries and preparatory committee who supported and cared about the overall restructuring of the company and paid hard work in the overall restructuring process! After more than ten years of accumulation, the company has developed from a small workshop-type simple production workshop into a domestic and foreign elevator light curtain industry leader, which is the result of all employees working together, but also to catch up with the good policy of reform and opening up to bring historical development opportunities. The past glory and glory has become history, through the restructuring, the company is standing at a new starting point, all the company should have a sense of mission, responsibility, sense of honor, with stronger combat effectiveness, execution, cohesion, invested in the follow-up work, carry on the past and open up, go hand in hand, write a new chapter of the company!

The whole meeting was conducted in accordance with the legal procedures, the whole scene was serious and warm, all the participants witnessed the historic moment of the company's development.  

The overall restructuring of the limited liability company into a joint stock limited company is a qualitative leap and transformation, will greatly promote and influence the future development of the company. It is mainly reflected in: Firstly, it is conducive to improving the company's operation and management level. After the share reform, the company will establish a corporate governance structure characterized by the separation of powers and checks and balances among the shareholders' general meeting, board of directors, supervisory board and management, further improve the company's management mode, strengthen the management's scientific decision-making, and promote the sustainable and stable operation of the enterprise; secondly, it is conducive to the establishment of a modern property rights system with clear ownership and responsibilities, and to enhance the motivation of the enterprise's sustained innovation; thirdly, the company will be landed on the main board of the domestic capital market through the IPO to raise funds for the resource development of the company. Thirdly, the company will land on the domestic main board through IPO, raise funds for resource integration, enhance its advantages, expand new business, and further grow bigger and stronger.

This conference came to a successful end, marking the successful completion of the company's shareholding reform. The company will take the share reform as an opportunity to continuously improve the company's management mode, operate strictly in accordance with the standards and norms of listed companies, and strive to land on the domestic main board capital market as soon as possible and obtain more long-term development.

Xiongguan road is really like iron, and now step over from the beginning. Looking back, the company has been thirteen years, full of once brilliant and achievements; Looking forward, the company's listing journey has reached a new level, and victory is in the near future. Let us microke people hand in hand, forge ahead, in order to realize the common dream, "roll up your sleeves, work hard!"