On the morning of May 15, 2019, the company's 2018 Annual General Meeting of Shareholders was held in the conference room on the sixth floor of the company's office building. Company directors Chen Bo, Yao Jinnan, Wang Qing, employee supervisor Zhang Zhiyuan, and company shareholders attended the meeting. Company director Yao Jinnan presided over the meeting as entrusted by the board of directors. The meeting reviewed and approved 15 proposals including the "Proposal on the Work Report of the Board of Directors of Zhejiang Pioneer Machinery Co., Ltd. in 2018" and the "Proposal on the Work Report of the Board of Supervisors of Zhejiang Pioneer Machinery Co., Ltd. in 2018".