Wuxi Taiji Industry completes board restructure, appoints new leadership

Wuxi Taiji Industry held its Third Extraordinary General Meeting of Shareholders on August 29, 2025, where shareholders approved several key resolutions, including the re-election of the board of directors and the abolishment of the Supervisory Committee. All resolutions, including those requiring special majority, were passed with over two-thirds of the voting rights present.

Following the general meeting, the Eleventh Board of Directors convened its first meeting on the same day. Mr. Fang Tao was elected as the chairman of the board. The board also appointed members to its specialized committees: Strategy and Investment, Compensation and Assessment, Audit, and Nomination.

Furthermore, the board approved the appointment of new senior management. Mr. Wang Yibao was appointed general manager, while Mr. Zhang Guangming and Ms. Jin Mengjie were named deputy general managers. Mr. Zhang Guangming will also serve as the chief financial officer, and Mr. Deng Chengwen was appointed board secretary. Ms. Wu Dan was appointed as the securities affairs representative. These appointments are effective until the expiration of the Eleventh Board of Directors' term.