Will Semiconductor appoints new general manager, amends constitution for H-share listing

Will Semiconductor Shanghai Co., Ltd. announced on November 13, 2025, that its board approved the appointment of Dr. Gao Wenbao as the new general manager, replacing Wang Song, who resigned due to work adjustments. Wang Song will now serve as deputy general manager. Dr. Gao, with over two decades of semiconductor industry experience, is expected to enhance operational efficiency and market expansion.

The board also approved revisions to the company’s Articles of Association and Rules of Procedure for Shareholder Meetings, effective upon the listing of H-shares on the Hong Kong Stock Exchange. These constitutional amendments align with regulatory requirements for the upcoming H-share listing, clarifying share registration procedures and voting rights for H-shareholders, particularly concerning cumulative voting in director elections. These revisions aim to strengthen corporate governance and facilitate the company's international expansion. The amended documents are publicly available on the Shanghai Stock Exchange website and other designated media.