CHINA CRSC (03969) has issued an official announcement detailing the election results from its workers' congress.
According to the filing, the workers' congress unanimously elected Ms. Qiu Wei as the employee representative director on the company's fifth board of directors. Her term of office will align with the full tenure of the fifth board.
Following the conclusion of his term on the fourth board, Mr. Yao Guiqing will not seek re-election for a consecutive term. Consequently, Mr. Yao will step down from his roles as independent non-executive director, as well as from his positions on the Strategy and Investment Committee, the Audit and Risk Management Committee, and his chairmanship of the Nomination Committee and the Remuneration and Appraisal Committee. He will also relinquish his membership on the Quality and Safety Committee, with these changes taking effect from September 8, 2026.
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