On December 28, the founding meeting and the first meeting of shareholders, board of directors and Board of supervisors of Fengcheng Company was held in the conference room on the first floor of the office building of Tongfeng Industrial Park. Huang Mingqiang, Secretary of the Party Committee and Chairman of Tongfeng Electronics Company, Bao Junhua, deputy general manager and Chief Financial Officer Guo Chuanhong, General manager Li Purong and deputy general manager Zhang Qingyan of Qingdao Chengwen Electronics Company attended the meeting.

The meeting listened to the report on the preparation of Fengcheng Company, passed the articles of association of Fengcheng Company, elected the members of the first board of directors, board of supervisors and managers of Fengcheng Company, and determined the construction schedule of the joint venture project and other matters.
As shareholder representatives, Huang Mingqiang and Li Purong delivered speeches respectively to congratulate on the successful holding of the founding meeting, and hoped that Fengcheng Company could improve the operation level of the joint venture company, speed up the project construction progress, bring benefits into play as soon as possible and create value for shareholders under the full cooperation of both shareholders. Bao Junhua also put forward hopes and requirements for the operation and development of Feng Cheng Company in the next step.

The opening of the founding conference marks the formal operation stage of the joint venture cooperation between Tongfeng Electronics and Chengmen. Fengcheng will give full play to the advantages of both parties in the field of electrical film and film capacitor, seize the opportunities in the new energy market, optimize the product structure of the company and enhance the market competitiveness of the enterprise.