Harbin Electric announces independent director changes

Harbin Electric Company Limited has announced the resignation of Pan Qi-long as an independent non-executive director, along with his roles on the audit, remuneration, strategy development, and nomination committees. His departure is effective as of the announcement date, due to a change in work arrangement. Pan confirmed no disagreement with the board or supervisory committee. The company expressed gratitude for his contributions.

Concurrently, Li Xie-hua has been appointed as an independent non-executive director and as a member of the audit, remuneration, strategy development, and nomination committees. These appointments, authorized by the 2024 annual general meeting, are effective from the announcement date until the conclusion of the next annual general meeting. Li, born in 1971, holds a doctorate in engineering and is a senior engineer. He currently serves as a full-time external director for a central enterprise and for BGRIMM Technology Group.

Li Xie-hua will not receive any director's remuneration from the company for this role. Following these changes, the independent non-executive directors are He Yu, Niu Xiang-chun, Gao Yi-bin, and Li Xie-hua. The board's executive directors include Huang Wei (chairman), Liu Qing-yong, and Du Xing-kai.