Zhongguancun Science-Tech Leasing shareholders approve new directors, remuneration

Zhongguancun Science-Tech Leasing Co., Ltd. announced the successful passing of all resolutions at its 2025 Fourth Extraordinary General Meeting held on Tuesday, December 2, 2025. Both ordinary resolutions, including the appointment of Xu Zhengwen as a non-executive director and Xiao Wang as an independent non-executive director, were approved with 100% of the votes cast, totaling 1.34bn shares.

As of the EGM date, the total number of issued shares was 1.62bn, with 1.34bn shares represented by shareholders and proxies. Xiao Wang's annual remuneration during his term of office was approved at RMB186,842.12 before tax, based on recommendations from the board's remuneration committee, reflecting his experience, duties, and market conditions.

Both newly appointed directors' terms will be effective upon approval of their qualifications by the Beijing Municipal Bureau of Local Financial Regulation and Supervision, lasting until January 19, 2026. The company's H share registrar, Computershare Hong Kong Investor Services Limited, served as the scrutinizer for the vote.