Power Construction Corp of China vice chairman and general manager to retire

Power Construction Corp of China (SSE:601669) announced the retirement of Wang Bin, its vice chairman and general manager, effective September 23, 2025. Wang's departure is due to age-related reasons, leading him to resign from the roles of director, vice chairman, general manager, and member of the strategic committee of the board. His original term was set to expire on August 22, 2027.

The company confirmed that Wang will not continue in any capacity within the listed company or its controlled subsidiaries following his retirement and has no outstanding public commitments. His resignation became effective upon the delivery of his report to the board of directors.

The board stated that Wang's departure will not result in the number of board members falling below the statutory minimum. The company expressed gratitude for his contributions during his tenure as director, vice chairman, general manager, and member of the board's specialized committees.