FAW Jiefang shareholders approve board changes, abolish supervisory board

FAW Jiefang Group Co., Ltd. held its second extraordinary general meeting of shareholders for 2025 on September 9, 2025. A total of 567 shareholders and their proxies attended, representing 3.89 bn shares, or 78.9682% of the company’s total voting shares.

Shareholders overwhelmingly approved the election of Qiao Youlin as a non-independent director, with 99.8832% of votes in favor. They also passed a special resolution to abolish the supervisory board and amend the company charter. This resolution received 99.5125% of the votes in favor, surpassing the two-thirds majority required for special resolutions.

Among small and medium-sized shareholders, 53.7577% supported the supervisory board's abolition and charter revision. Beijing King & Wood Mallesons Lawyers confirmed the meeting's compliance with relevant laws and regulations.