Jason Furniture board elects employee representative, reshuffles committees

Jason Furniture Hangzhou Co., Ltd. announced that Li Donglai resigned from his position as a director of the fifth board of directors and as a member of the board's strategic and ESG committee and nomination committee, effective December 17, 2025. This change stems from an adjustment in the company's governance structure. Li Donglai will continue to serve as the company's president and legal representative.

On the same date, a general meeting of employee representatives elected Li Donglai as an employee representative director for the fifth board of directors. His term commences from this election and extends until the expiration of the fifth board's term. Li Donglai currently holds 26,710,951 shares in the company, representing 3.25% of the total share capital.

The company's fifth board of directors also convened its seventeenth meeting on December 17, 2025, to elect members for its special committees. The new strategic and ESG committee includes Kuang Guangxiong (convener), Gu Jiangsheng, Zhu Youyi, Li Donglai, and Xie Shilei. The nomination committee will comprise Xu Qiping (convener), Xie Shilei, Guo Peng, Zhu Youyi, and Li Donglai. Xie Shilei (convener), Guo Peng, Xu Qiping, Yang Ronghua, and Wu Fang were elected to the audit committee.