Fushun Special Steel elects new board, appoints key management

Fushun Special Steel (SSE:600399) held its first extraordinary general meeting of shareholders for 2025 on September 29, 2025. Shareholders approved key proposals, including the cancellation of the Supervisory Board and amendments to the Articles of Association. Revisions to the company's shareholder meeting rules, board meeting rules, independent director system, related party transaction rules, external guarantee system, and external investment management system were also approved.

Concurrently, the Ninth Board of Directors was elected, comprising five non-independent directors, three independent directors, and one employee director. Mr. Sun Liguo was elected chairman of the board and general manager, with his term, along with other directors, extending for three years from the approval date. The board also appointed Mr. Qi Yong as board secretary, Mr. Wu Xiaochao as chief financial officer, and Ms. Zhu Liping as securities affairs representative.

The Ninth Board of Directors established four special committees: audit, strategy and investment, nomination, and remuneration and assessment. Members were appointed to ensure compliance with the company's articles of association and relevant regulations. The company expressed gratitude to the outgoing Eighth Board members for their contributions.