iMotion Automotive Technology (Suzhou) Co., Ltd. (Stock Code: 1274) Announces Extraordinary General Meeting and Proposed Board Elections

Bulletin Express10-31

iMotion Automotive Technology (Suzhou) Co., Ltd. (Stock Code: 1274) published details of its upcoming Extraordinary General Meeting (EGM), scheduled on November 14, 2025 at 10:00 a.m. (Hong Kong time) at Building 2, No. 28 Yingqian Road, Suzhou Industrial Park, Jiangsu Province, China. Shareholders who wish to attend in person or by proxy must submit the relevant documents no later than 24 hours before the meeting time.

According to the announcement, the EGM will consider the proposed election of a new session of the Board of Directors, comprising seven directors in total. Four individuals are nominated for executive director positions, and three are nominated as independent non-executive directors. One current executive director will not stand for re-election due to internal work arrangements. The candidates’ professional backgrounds span areas including automotive engineering, finance, and senior corporate administration.

The meeting will also address the proposed election of a new session of the Supervisory Committee, which includes the re-election of two shareholder representative supervisors. Another supervisor will continue to be an employee representative, who is to be determined through internal procedures.

Additionally, the EGM will vote on proposed amendments to the Articles of Association and the procedural rules for shareholders’ general meetings, the Board of Directors, and the Supervisory Committee. These amendments cover governance details such as regulatory compliance, meeting procedures, director responsibilities, and corporate decision-making processes.

Shareholders and proxy holders are encouraged to review the announced resolutions in detail and prepare any proxy forms for submission ahead of the EGM. Attendance and voting thresholds align with existing listing regulations, ensuring that key decisions—ranging from board supervision to corporate governance provisions—will be ratified under the required majority vote and, where applicable, the cumulative voting system.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment