On 29 September 2026, China Isotope & Radiation Corporation (CIRC) announced that its Board has proposed appointing General Manager Mr. Li Penghui as an executive director for the fourth Board session. The appointment is subject to shareholder approval at an upcoming extraordinary general meeting (EGM). If approved, Mr. Li’s directorship will run from the EGM approval date to the end of the current Board’s term, with eligibility for re-election thereafter.
Mr. Li, aged 54, joined CIRC in July 2026 and previously held senior roles at CNNC Xiapu Nuclear Power Co., Ltd. (deputy general manager, 2015–2021) and China Institute of Atomic Energy (chief engineer, 2021–2026). A senior engineer by profession, he holds a bachelor’s degree in engineering from Harbin Institute of Technology (1994) and has extensive experience in nuclear technology applications, large-scale project coordination and core technology development. His track record includes core participation in the design and construction of China’s first experimental fast reactor, which earned a Special Prize of the National Science and Technology Progress Award.
Upon shareholder approval, CIRC will execute a service contract with Mr. Li for the stated term. His remuneration will be set by the Board after considering recommendations from the remuneration and appraisal committee, taking into account his duties and responsibilities.
The company confirmed that Mr. Li holds no shares in CIRC, has no reported relationships with existing directors, senior management, or major shareholders, and has not held directorships in any listed companies during the past three years.
CIRC will issue a circular and formal notice of the EGM to shareholders in due course.
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