Shanghai Electric Nominates Zhu Yun and Cao Qingwei as Non-Executive Director Candidates

Stock News03-05 19:54

Shanghai Electric (02727) announced that Ms. Lu Wen, a non-executive director of the company, has resigned from her positions as non-executive director and member of the nomination committee due to work reassignment. Ms. Lu will continue to serve in these roles until a new director is elected at the company's shareholders' meeting. The board of directors has approved the nomination of Ms. Zhu Yun as a candidate for non-executive director of the sixth board, with her term commencing upon approval by the shareholders' meeting and lasting until the end of the sixth board's tenure. Upon her formal appointment, Ms. Zhu will also serve as vice chair and member of the board's audit committee and as a member of the nomination committee. The board also approved the nomination of Mr. Cao Qingwei as a candidate for non-executive director of the sixth board, with his term starting from shareholders' meeting approval and concluding at the end of the sixth board's term. Additionally, the board has appointed Ms. Cheng Yan as the company's chief information officer, effective from the date of this announcement until the expiration of the current senior management team's term.

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