GWMOTOR (02333) has announced that, in accordance with the requirements of the Company's Articles of Association and the nomination from its shareholder Baoding Innovation Great Wall Asset Management Co., Ltd., Executive Directors Mr. Wei Jianjun, Mr. Zhao Guoqing, and Ms. Li Hongshuan, along with Non-Executive Director Mr. He Ping, are eligible and will stand for re-election at the Annual General Meeting. Based on the recommendation of the Company's Board of Directors, Independent Non-Executive Directors Mr. Fan Hui and Mr. Zou Zhaolin are also eligible and will stand for re-election. The term of Independent Non-Executive Director Ms. Yue Ying has reached six years, and she will not stand for re-election. The Company's Board proposes to nominate Ms. Tian Yajuan as an Independent Non-Executive Director for the ninth Board of Directors, replacing Ms. Yue Ying. Ms. Tian Yajuan has expressed her willingness to stand for election. Subject to her appointment as a director at the Annual General Meeting, Mr. Wei Jianjun, Mr. Zhao Guoqing, Ms. Li Hongshuan, Mr. He Ping, Mr. Zou Zhaolin, Mr. Fan Hui, and Ms. Tian Yajuan will enter into service agreements with the Company. Their terms will commence from the date of approval at the 2025 Annual Shareholders' Meeting and will last until the end of the ninth Board's term. The term of Employee Director Ms. Lu Caijuan will expire on June 15, 2026. A new Employee Director will be elected at the subsequent Employee Representative Assembly, and the new appointee will enter into a service agreement with the Company, effective from the signing date until the end of the ninth Board's term. It is proposed that the ninth Board of Directors will consist of eight members: Mr. Wei Jianjun, Mr. Zhao Guoqing, Ms. Li Hongshuan (Executive Directors); Mr. He Ping (Non-Executive Director); the new Employee Director; and Mr. Fan Hui, Mr. Zou Zhaolin, Ms. Tian Yajuan (Independent Non-Executive Directors).
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