Jilin Forest Industry appoints new leadership, board committees

Jilin Forest Industry (SSE:600189) held its first meeting of the tenth board of directors on September 23, 2025, presided over by chairman Cheng Yu. The board unanimously elected Cheng Yu as chairman for a three-year term and appointed Wang Huaibo as the company's general manager for the same period. Gao Shiyong was also appointed as the board secretary. The board also approved modifications to the "general manager's work rules" to vest the board with greater autonomy in determining the tenure of senior management and the authority to formulate, revise, and interpret related policies.

The newly established tenth board of directors also determined the composition of its specialized committees. Cheng Yu will chair the strategic committee, while He Jianjun will lead both the audit committee and the remuneration and assessment committee. Ren Xirong will serve as chairperson for the nomination committee. These appointments were approved unanimously, reflecting strong internal consensus.

These board resolutions follow the second extraordinary general meeting of shareholders held on September 23, 2025, where shareholders approved the election of nine directors, including six non-independent directors and three independent directors. The meeting confirmed the appointments of Cheng Yu, Liu Liwu, Wang Huaibo, Chen Guihai, Yuan Zhanyong, Zhao Zhihua as non-independent directors, and He Jianjun, Wang GuanQun, and Ren Xirong as independent directors, all receiving overwhelming support from voting shareholders.