Southwest Securities approves governance changes, audit appointment for 2025

Southwest Securities held its first extraordinary general meeting of shareholders for 2025 on September 26, 2025, where shareholders approved several key resolutions. These included revisions to the company's articles of association and related procedural rules, impacting the company's governance structure by eliminating the board of supervisors. Consequently, the Tenth Board of Supervisors’ members, including Ni Yuemin and Chen Lin, have been relieved of their duties. The resolutions were passed with 97.50% of votes in favor.

Additionally, shareholders approved revisions to the company's board of directors and supervisors' compensation and assessment management methods, with 96.87% of votes in favor. The meeting also saw the appointment of the intermediary body for Southwest Securities' 2025 financial report and internal control audit projects, which passed with 99.92% of votes. The Shanghai Jintiancheng (Chongqing) Law Firm provided legal opinion, confirming the legality and effectiveness of the meeting's resolutions.