On April 8, Zhejiang Guangbo Group Stock Co., Ltd's nineteenth meeting of the 3rd board of directors was held as scheduled. All directors of the company attended this meeting, all the supervisors and senior executives attended as nonvoting delegates.

The meeting was presided by President Wang Liping. Through the examination and discussion by the directors present, unanimously adopted 14 resolution s, "2009 general manager working report", "2009 the board of directors working report (draft)", "company 2009 annual final financial report", "company 2009 annual profit distribution plan", "special report on annual fund-raising deposit and using condition", "bill on daily related party transactions in 2010", "bill on applying for 2010 comprehensive credit line from each bank", "bill on providing guarantee and warranty for holding subsidiaries", "the body and abstract of company 2009 annual report" and so on.

General manager Wang Junping made the annual working report at the meeting. He pointed out in the working report, in 2009, the company closely around the strategic targets proposed at the beginning of the year, insist on the work mentality of practicality innovation and stable development. Creatively put forward "over wintering three theories", actively develop new thinking on guaranteeing the growth, adjusting structure and promoting development, explore new ways. Through optimizing industry structure, training hard the internal strength and digging from interior, has realized the re-set targets under the macro-environment of   financial crisis. Various economic indicators are rising while maintaining stability. Emerging markets are further expanded. The social influence is greatly raised.