Commodities City Group announces board elections, capital adjustments

Zhejiang China Commodities City Group Co., Ltd. announced resolutions from its Ninth Board of Directors' 39th meeting, held on December 2, 2025. The board approved the election of five non-independent directors and three independent directors for the tenth board. Non-independent director candidates include Mr. Chen Dezhan, Mr. Bao Hua, Mr. Wu Xiubin, Mr. Xu Hang, and Ms. Liu Xiaojing. Independent director candidates Mr. Hong Jianqiao, Mr. Zhang Chenghong, and Mr. Luo Jinming were also approved. These elections are subject to shareholder approval.

The board further approved amendments to the company's articles of association related to changes in registered capital, and revisions to the rules of procedure for shareholder meetings, board of directors meetings, and the independent director's work system. All these proposals were passed unanimously and will be presented at the upcoming 2025 Fourth Interim Shareholder Meeting.

The 2025 Fourth Interim Shareholder Meeting is scheduled for December 19, 2025, at 14:30, at the company's conference room in Yiwu City, Zhejiang Province. Shareholders of record as of December 15, 2025, are eligible to attend and vote. The meeting will utilize both on-site and online voting via the Shanghai Stock Exchange's online voting system.