Fudan Microelectronics EGM approves board, capital changes

Shanghai Fudan Microelectronics Group Company Limited announced all resolutions proposed at its 2025 Second Extraordinary General Meeting on December 2, 2025, were duly passed. Key approvals include the appointment of Mr. Zhang Yu Ming as an independent director and Mr. Shen Mingjie as an employee director, effective December 2, 2025. Concurrently, Mr. Hu Xue retired from the remuneration and evaluation committee, while Mr. Zhang Yu Ming joined the strategy and investment committee, and Mr. Shen Mingjie joined both the remuneration and evaluation committee and the environmental, social and governance committee.

Shareholders also approved the utilization of surplus funds for permanent replenishment of working capital, a special resolution to abolish the supervisory committee and amend the articles of association, and various ordinary resolutions concerning management rules and an increase/decrease in registered capital.

The amendments to the articles of association, approved on the same date, formally reflect the abolition of the supervisory committee, with its powers and functions now exercised by the audit committee of the board. The updated articles also specify that the board of directors will comprise 11 directors, including one employee director and four independent directors.