The Company's 3rd Board of Directors' 2nd Meeting and 2008 Annual Shareholder Meeting were successfully held

　　On the morning of April 3, 2009, Zhejiang Provincial Venture Capital Group Co., Ltd. held its second meeting of the third board of directors and the 2008 annual shareholders' meeting. The meeting was chaired by the chairman, attended by shareholder representatives, company directors and supervisors, and attended by relevant department heads and legal counsel of the company.
　　The general manager of the company reported on the "Company's 2008 Annual Work Summary" and the "Company's 2009 Annual Work Plan," expressing confidence in the 2009 work with the strong support of shareholder units. The meeting fully affirmed the work of the company's management in 2008, enabling the company to enter the normal operation track and achieve profitability, giving shareholders confidence in the company's future business development. In the face of new development opportunities in 2009, the meeting required the company to further improve its operating system, follow policy guidance, fully grasp favorable market conditions, cautiously and actively carry out venture capital projects, increase research on the securities market, refine and improve the company's risk hedging and reward and punishment management methods, and stimulate employees' enthusiasm for a second entrepreneurship and attract excellent professional talents.
　　After discussion and deliberation, the meeting passed eight regulations, including the "Company's 2008 Annual Financial Settlement Report," "Company's 2008 Annual Profit Distribution Plan," "Company's 2009 Annual Financial Budget Draft," "Report on Changes in Company Accounting Standards," "Company's Interim Measures for Performance Appraisal and Remuneration Management," and the revised "Company's Investment Decision-Making and Management Measures".
　　The meeting required the company to revise and improve its mechanisms in actual operation to ensure the standardized implementation of the company's system. Focusing on the main business of investment development, continuously improving investment management capabilities, initiating the establishment of private equity funds, and building the company into a first-class enterprise in the provincial venture capital field. Strive to become a model of standardized management and investors, create maximum benefits for shareholders, support the development of new technologies and market operations, and contribute to the development of the social economy.