Dongfeng Automobile shareholders approve investment plan, governance changes

Dongfeng Automobile Company Limited's Fourth Extraordinary General Meeting, held on October 30, 2025, saw shareholders approve several pivotal resolutions. The "Proposal on Adjusting the Company's 2025 Investment Plan" passed with a 99.6827% approval rate from A-shareholders, while the "Proposal on Amending the Implementation Rules for the Board of Directors' Remuneration Management Committee" received 99.1400% approval.

A significant change was the approval of the "Proposal on Cancelling the Supervisory Committee and Amending the Articles of Association and Rules of Procedure for Shareholders' Meetings," which passed as a special resolution with 99.1744% of votes. The meeting had 1,027 shareholders and proxies in attendance, representing 1,220,140,873 shares, or 61.0070% of total voting shares.

The resolutions were deemed legally valid and effective by Beijing Commerce & Finance Law Offices, which oversaw the meeting. The legal opinion confirmed that the convocation, holding, and voting procedures adhered to relevant laws, regulations, and the company's articles of association.