China Development Bank Leasing restores board compliance with new director

China Development Bank Financial Leasing Co., Ltd. announced that Ms. Liu Siqin’s qualification as an independent non-executive director has been approved by the NFRA Shenzhen Office. Her appointment took effect on October 30, 2025, and she will serve until the expiry of the third session of the board. Ms. Liu was elected as an independent non-executive director at the EGM held on July 31, 2025.

Following Ms. Liu’s appointment, the company has regained compliance with listing rules 3.10(1), 3.25, and 3.27A. The board now comprises seven members, including two executive, two non-executive, and three independent non-executive directors. The remuneration and nomination committees are now chaired by independent non-executive directors and consist of a majority of independent non-executive directors.

Ms. Liu will also serve as chairman of the remuneration and nomination committees, and a member of the audit committee, related party transaction control committee, strategic decision committee, and social responsibility and consumer rights protection committee. The executive directors are Ms. Ma Hong and Mr. Jin Tao, while non-executive directors include Mr. Zhang Kesheng and Mr. Zhang Chuanhong. Independent non-executive directors are Mr. Liu Ming, Mr. Wang Guiguo, and Ms. Liu Siqin.