Qilu Expressway shareholders approve resolutions, elect new chairman

Qilu Expressway Company Limited held an Extraordinary General Meeting (EGM) on August 28, 2025, where shareholders approved special and ordinary resolutions. These included the Supplemental Agreements for the 2024-2026 General Services and General Sales Framework Agreements.

At the EGM, Mr. Wei Yong was appointed as an executive director, and Mr. Wang Hongyi as a non-executive director, both with 100% "for" votes. Following the EGM, Mr. Wei Yong was elected chairman of the board, legal representative, authorised representative, chairman of the nomination committee, and chairman of the strategy committee. His term commenced on the announcement date and will run until the expiration of the third session of the board.

Concurrently, Mr. Wang Lingfang ceased to be the chairman of the nomination committee, and Mr. Duan Peng ceased to be the authorised representative. The board now comprises Mr. Wei Yong (chairman), Mr. Duan Peng, and Mr. Chen Xiulin as executive directors, with Mr. Gao Yongjun as vice chairman among the non-executive directors. The company also detailed the membership of its Audit, Remuneration and Appraisal, Nomination, and Strategy committees.