Oriental Pearl Group updates governance, compensation, elects new board

Oriental Pearl Group Co., Ltd. held its first extraordinary general meeting of shareholders on December 22, 2025, in Shanghai. Key outcomes included the approval of revisions to the company's articles of association, rules of procedure for shareholders' meetings, rules of procedure for board meetings, independent directors work system, and related party transaction management measures. Shareholders also endorsed changes to the external guarantee management system.

Crucially, the meeting passed resolutions regarding the proposed remuneration for directors and the discontinuation of the supervisory board. Shareholders also elected a new eleventh board of directors, comprising both non-independent and independent directors, with all nominated candidates securing their positions. The voting results for these items confirm overwhelming shareholder support, with approval rates exceeding 98% across the board.

The meeting’s procedures, including its convocation and voting, were affirmed as legally compliant, ensuring the validity of all resolutions. These comprehensive updates mark a significant step in Oriental Pearl Group's corporate governance and operational framework, reflecting a commitment to modernizing its internal regulations.