Tongyu Communication announces director change, employee representative election

Guangdong Tongyu Communication Inc. (Tongyu Communication) announced the resignation of Liu Mulian from his positions as director, deputy general manager, and member of the board's strategic committee, effective immediately. Mulian, who previously held 339,572 shares directly and 32,500 shares indirectly through the 2023 employee stock ownership plan, will continue in other roles within the company. His departure is attributed to adjustments in the company's governance structure, and it will not impact the board's normal operations or its compliance with minimum director requirements.

Following this, on September 19, 2025, Tongyu Communication's employee representative meeting elected Liu Mulian as the employee representative director for the fifth session of the board. This appointment ensures the board maintains its composition in accordance with legal and regulatory requirements.

The third extraordinary general meeting, held on September 19, 2025, saw the participation of shareholders representing 48.4069% of the company's total voting shares. Key resolutions passed included the cancellation of the supervisory board, and amendments to the "Articles of Association," "Rules of Procedure for Shareholder Meetings," "Rules of Procedure for Board Meetings," and the "Independent Director Work System," all in compliance with relevant laws and regulations.