On April 25, China Haisum convened the tenth session of the fourth board of directors in 2014.
The meeting deliberated and adopted 11 bills such as the 2013 operation report delivered by the board of directors,the 2013 operation report delivered by the president,the 2013 schemes of distribution of investors the conversion of capital reserve funds to share capital. etc.
At the same time, due to the age of the company chairman Mr. Yu Chunwu, Haisum announced his retirement. According to the regulations proposed by controlling shareholder China SinoLight Corporation, the company vice chairman Mr. Yan Xiaojian was appointed to perform duties of the chairman.