Gansu Yasheng board approves subsidiary investment, stock management revision

Gansu Yasheng Industrial Group (SSE:600108) announced the resolutions passed at the eighth meeting of its tenth board of directors, held on June 20, 2025. Key decisions included the approval of an investment by a wholly-owned subsidiary, which was unanimously approved by the board after review by the strategy committee. The board also unanimously passed a resolution to revise the "Management System for Shares Held by Directors, Supervisors and Senior Management of the Company." The revised system, now titled "Management System for Shares Held by Directors and Senior Management of the Company," details updated regulations, available on the Shanghai Stock Exchange website (www.sse.com.cn). All nine attending directors voted in favor of both resolutions.