Joyson Electronic shareholders approve governance changes, supervisory board canceled

Ningbo Joyson Electronic Corporation held its first extraordinary general meeting of shareholders for 2025 on December 24, 2025, with 42.01% of total voting shares represented. Shareholders approved all proposed resolutions, including significant revisions to the company's articles of association and internal governance documents.

Key resolutions passed include the cancellation of the supervisory board, amendments to the company's registered capital, and revisions to various internal policies such as the shareholders' meeting rules, board of directors' meeting rules, independent director system, related party transaction management, fundraising management, accountant selection, and external guarantee management. Notably, the resolution to cancel the supervisory board and revise the articles of association was approved with 99.9110% of total votes in favor, while the change in registered capital received 99.9182% approval.

Shareholders also approved a resolution for subsidiaries to provide guarantees for other subsidiaries. The meeting was conducted in compliance with relevant laws and regulations, with 1,256 shareholders and proxies attending, representing 646,119,066 voting shares. The resolutions, including special resolutions, received over two-thirds of the valid votes.