Jiangsu Expressway shareholders approve supervisory committee abolition

Jiangsu Expressway Company Limited announced significant governance changes following its 2025 First Extraordinary General Meeting held on December 18, 2025. Shareholders approved the abolition of the Supervisory Committee and amendments to the Articles of Association. This resolution passed with 99.90% affirmative votes from ordinary shares, totaling 3,816,071,035 votes, with the Supervisory Committee officially abolished from December 18, 2025.

Other key resolutions included amendments to the Rules of Procedure for General Meetings, approved by 98.33% of ordinary shares, and amendments to the Rules of Procedure for Board Meetings, which received 99.98% affirmative votes. The meeting also passed a resolution on amendments to the Working Rules for Independent Directors with 99.98% approval from ordinary shares.

The meeting saw an attendance of 344 shareholders, representing 3,819,714,861 total shares carrying voting rights, equating to 75.82% of the company's total voting rights. All 13 incumbent directors and all 5 incumbent supervisors attended the meeting.