China XD Electric board approves new compliance, organizational changes

China XD Electric Co., Ltd. held its Fifth Board of Directors' Sixth Meeting on December 1, 2025, with all eight directors in attendance. Meeting notices were dispatched on November 26, 2025, via mail, SMS, and phone. Decisions were reached through communication and voting, with the meeting adhering to relevant laws, administrative regulations, and the company's Articles of Association.

During the meeting, the board unanimously approved two key proposals. First, a resolution on formulating the "Integrity and Compliance Guidelines" was passed with 8 votes in favor, 0 against, and 0 abstentions. This signifies the company's commitment to strengthening its ethical and regulatory framework.

Secondly, the board also unanimously approved a resolution to adjust the company's organizational structure, again with 8 votes in favor, 0 against, and 0 abstentions. This adjustment includes the re-organization of member enterprises within the Power Electronics Business Unit, the establishment of a new Power Devices Business Unit, and the creation of a Digital Intelligence Center. These changes aim to enhance operational efficiency and strategic focus.