According to the Zhitong Finance App, Tai and Microfinance (01915) announced that Zhou Yinqing, Zuo Yuchao, Chen Suquan, Bao Zhenqiang, and Wu Xiankun will retire as directors after the sixth term of the board expires in January 2024. The company is pleased to announce that, as approved at the annual general meeting of shareholders, the 7th board of directors will be composed of three executive directors (namely Bai Wanlin, Bai Li and Zhang Yi); two non-executive directors (namely Bai Nianbin and Zhang Zhuo); and three independent non-executive directors (i.e. Xu Xuechuan, Zhang Lingling and Wang Chunhong). The seventh term of the board of directors will begin after the sixth term of the board expires in January 2024.

Wang Chunhong will retire as supervisor after the term of the sixth board of supervisors expires in January 2024. The 7th Supervisory Board will be composed of three supervisors (namely Li Guoyan, Wu Xiankun, and an employee representative supervisor to be elected at the Workers' Congress). The term of the 7th board of supervisors will begin after the term of the sixth board of supervisors expires in January 2024.