Shanxi Fen Wine proposes new board directors as term ends

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. (SSE:600809) announced the re-election of its board of directors following the expiration of the eighth board’s term. The company's eighth board of directors, at its seventy-seventh meeting on September 3, 2025, approved proposals for the election of both independent and non-independent directors for the upcoming ninth board.

The company has nominated Yuan Qingmao, Wu Yuefei, Li Zhenhuan, Liu Weihua, Wang Yan, and Ma Wenjie as non-independent director candidates. For independent director roles, Zhou Peiyu, Li Linchun, Fan Yanping, and He Zhen have been nominated. The new board members, if approved by shareholders, will serve a three-year term from the date of the General Meeting. All independent director nominees have obtained the requisite qualification certificates.

The qualifications of all nominated candidates have been reviewed and approved by the company’s eighth board of directors nomination committee. Furthermore, the qualifications and independence of the independent director candidates have been filed with and approved by the Shanghai Stock Exchange. The current board will continue its duties until the new board officially takes office, ensuring smooth operations.