Qilu Expressway Company Limited held its extraordinary general meeting (EGM) on 21 May 2026, at which shareholders approved all proposed changes to the board and senior governance roles.
Key resolutions and voting results • Shareholders and proxies representing 1.84 billion shares—91.78 % of the company’s 2.00 billion issued shares—voted at the meeting. • The only resolution, the appointment of Li Tianzhang as an executive director, received 1.84 billion votes in favour (99.998 %) and 0.04 million votes against (0.002 %). No abstentions were recorded.
Subsequent board decisions (effective 21 May 2026) • Li Tianzhang was elected Chairman of the third-session Board, appointed legal representative and designated authorised representative under Rule 3.05 of the Hong Kong Listing Rules. • Li Tianzhang also assumed the roles of Chairman of the Nomination Committee and Chairman of the Strategy Committee. • Wang Lingfang ceased to be Chairman of the Nomination Committee, while Duan Peng stepped down as authorised representative.
Meeting compliance and oversight • The EGM complied with the PRC Company Law, the company’s Articles of Association and Hong Kong Listing Rules. • All 15 directors attended the meeting. Computershare Hong Kong Investor Services Limited acted as poll scrutineer, alongside a shareholder representative and legal counsel from DeHeng Law Offices (Jinan).
Board composition after the changes • Executive Directors: Li Tianzhang, Duan Peng, Chen Xiulin • Non-executive Directors: Gao Yongjun, Kong Xia, Wang Gang, Shi Jinglei, Du Zhongming, Ren Wei, Wang Hongyi • Independent Non-executive Directors: Liu Hongwei, He Jiale, Wang Lingfang, Leng Ping, Shen Chen
The new appointments are effective immediately and will run through the remaining term of the current board session.
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