On April 23, China Merchants Group held the fifth meeting of the second Board of Directors. The board meeting was presided over by Group Chairman Li Jianhong. The directors including Hu Jianhua, Duan Xianghui, Luo Dongjiang, Bei Kewei, Ren Binyan, Wu Andi and Chen Zuofu attended the meeting through videoconferencing.

Three proposals including the Group's added donation budget for 2020, increase in registered capital and corresponding amendments to Articles of Association, and the Group's internal audit report for 2019 were reviewed and approved at the meeting. The status of epidemic prevention and control and work recovery was also briefed.