On November 18, 2020, the Fourth (Enlarged) Meeting of the Eighth Council of China Association of cultural, educational and sporting goods was held in Shanghai, the meeting was presided over by vice president Zhang Peisheng, president Yi Xiaoli made an annual work report called Unite Your Strength, Inspire Your Spirit, Create a New Situation for the Development of the Stationery & Sporting Goods Industry. Representatives from leading enterprises in various fields of national cultural industry made special speeches.

During this meeting, Jiangsu Phoenix Artist Material was officially elected as the executive director of China Stationery & Sporting Goods Association.