Tongling Nonferrous Metals Group names new general manager, revises bylaws

On September 26, 2025, Tongling Nonferrous Metals Group announced its board of directors approved the appointment of Wen Yan as the new general manager, effective immediately. Concurrently, Wen Yan resigned from her previous role as deputy general manager.

The board also approved the proposal to elect Wen Yan as a non-independent director, with her term beginning upon shareholder approval and lasting until the conclusion of the tenth board of directors' term. This proposal, along with other key resolutions, will be submitted to the second extraordinary general meeting of shareholders in 2025 for approval.

The company further disclosed revisions to its articles of association, including an increase in registered capital from 1,279,292.0401 million yuan to 1,340,947.1510 million yuan. These amendments will also eliminate the supervisory board, transferring its functions to the board of directors' audit committee. Additionally, the company's business scope has been updated, and rules governing shareholder meetings and corporate governance have been modified to reflect the updated regulatory framework.

The revised articles of association will be put to a vote at the extraordinary general meeting scheduled for October 15, 2025. These changes aim to enhance corporate governance and streamline operational efficiency.