Liaoning Chengda is committed to establishing a corporate governance system that conforms to the image of listed companies, and establishing a standardized corporate governance structure, including the shareholders' meeting, board of directors, and supervisory board, with their coexistence and separation of powers. The Company's board of directors establishes a strategy committee, nomination committee, compensation and assessment committee, and audit committee to provide advisory opinions for the board's decision-making. The board of directors shall establish an executive committee (President's Office) to exercise the authorization of the board of directors and fulfill the daily business management responsibilities of the Company.