COFCO Sugar Holding to elect new non-independent director

COFCO Sugar Holding Co., Ltd. will hold its third extraordinary general meeting of shareholders on October 21, 2025, to deliberate on the replacement of a non-independent director. Xiao Jianping, a non-independent director, will no longer serve on the company's board due to work-related changes. Her departure will be effective upon the election of a new non-independent director at the upcoming general meeting. The company expressed gratitude for her diligent service and contributions to its stable development and compliant operations.

To ensure the board's continued efficient operation, the company’s controlling shareholder, COFCO Group Co., Ltd., has recommended Wu Haojun as a candidate for non-independent director. Wu Haojun's nomination was reviewed and approved by the company's Board of Directors Nomination Committee and subsequently by the board of directors at its twentieth meeting. His term would commence from the date of approval by the shareholders' meeting until the expiration of the tenth board of directors.

The meeting will take place on November 3, 2025, with a physical meeting at 13:30 and online voting available from 9:15 to 15:00. Wu Haojun, born in June 1968, has a rich background within COFCO Group, having held various leadership positions since joining in May 1993, including roles at COFCO Futures Co., Ltd. and COFCO Trust Co., Ltd. He currently serves as a dedicated director for specialized companies dispatched by COFCO Group Co., Ltd.