Hainan Rubber elects new director, streamlines governance at EGM

Hainan Rubber Industry Group held its second extraordinary general meeting of shareholders for 2025 on October 29, 2025. Key resolutions included the election of Han Jiuhai as a new director, serving concurrently with the company's sixth board of directors. Shareholders also approved the cancellation of the Supervisory Board and corresponding amendments to the "Articles of Association," reflecting a shift in the company's governance framework.

Further resolutions passed included revisions to the "Rules of Procedure for the General Meeting of Shareholders" and the "Rules of Procedure for the Board of Directors." Additionally, the appointment of the accounting firm was approved, with all proposals receiving shareholder endorsement. The meeting’s procedures and outcomes were confirmed to be in compliance with relevant laws and regulations.

The election of Han Jiuhai, born in September 1968 with an MBA, brings extensive experience from Hainan Provincial State Farms Investment Holdings Group, where he served in various leadership roles. These included general manager of the Business Management Department and chairman of Hainan Agricultural Reclamation Natural Resources Development and Operation Co., Ltd. He also concurrently serves as the general manager of Hainan Agricultural Reclamation Supply Chain Management Co., Ltd.