Jiejie Microelectronics revamps governance, elects co-founder as director

Jiangsu Jiejie Microelectronics has approved a comprehensive revision of its Articles of Association and various governance policies, following resolutions passed at its 24th session of the Fifth Board of Directors and 20th session of the Fifth Supervisory Board on October 10, 2025. This overhaul includes the elimination of the Supervisory Board, with its functions transferred to the Board's Audit Committee. The Board of Directors will be restructured to comprise nine directors, including five non-independent directors, three independent directors, and one employee representative director. Zhang Zulei, a co-founder, was elected as the employee representative director at the First Employee and Workers' Congress on the same date.

The revised Articles of Association and related governance policies aim to enhance the company's operational efficiency and strengthen its governance framework. These changes, pending shareholder approval at the Third Extraordinary General Meeting on October 28, 2025, are intended to align with updated legal and regulatory requirements. The company will also implement new policies concerning market value management, investor relations, internal reporting of significant information, and risk management for sudden events.

These comprehensive revisions reflect Jiejie Microelectronics' commitment to optimizing its corporate structure, ensuring compliance with the latest regulations, and fostering sustainable growth while protecting shareholder interests. The company will proceed with the necessary industrial and commercial registration changes upon shareholder approval.