Guangxi Yuegui Guangye Holdings announces board changes, meeting postponement

Guangxi Yuegui Guangye Holdings' Ninth Board of Directors held its 38th meeting on September 4, 2025, approving several key proposals. These included establishing a wholly-owned subsidiary for investment, the outcome of management's 2022-2024 operating performance evaluation, and revisions to the company's organizational structure management system. All proposals received unanimous approval from the eight participating directors.

A notable decision involved the nomination of Yu Huaixing as a non-independent director candidate for the Ninth Board. This follows the resignation of Liu Fuhua, the former non-independent director and chairman, effective September 2, 2025. The company’s actual controller, Guangdong Environmental Protection Group, proposed Yu, whose qualifications were reviewed and approved by the Board's Nomination Committee. This nomination awaits shareholder approval.

Consequently, the company announced the postponement of its 2025 Third Extraordinary General Meeting from September 12 to September 16, 2025. This allows for the inclusion of Yu's nomination as an additional temporary proposal for shareholder consideration. The registration date and other meeting details remain unchanged. Shareholders can participate via on-site attendance or online voting platforms.