TBEA announces leadership changes, extraordinary shareholder meeting

TBEA Co., Ltd. (SSE:600089) held its 11th extraordinary board of directors meeting for 2025 on November 24, 2025. The board unanimously approved the appointment of Yanmin Zhong as the new general manager, effective from the board's approval until the end of the eleventh session of the board. Concurrently, Yang Lu was appointed as deputy general manager, also with a term until the end of the eleventh board session.

These appointments follow the resignation of Hanjae Hwang from his roles as general manager, director, and member of the strategy and nomination committees. Hanjae Hwang is slated to become the chairman of TBEA's new energy subsidiary and its related entities. The board expressed gratitude for his contributions to the company's sustainable development during his tenure.

Additionally, the board unanimously approved the recommendation of Yanmin Zhong as a candidate for a non-independent director position on the eleventh board. The company also announced plans to convene its fifth extraordinary shareholder meeting for 2025 to discuss these and other matters.