Wangsu Technology: director transitions, key policy approvals at shareholder meeting

Wangsu Science & Technology's board accepted the resignation of Ms. Zhou Liping as a non-independent director, effective November 14, 2025. Ms. Zhou will continue as deputy general manager and board secretary. She was also elected as an employee representative director at a meeting held on the same date, maintaining the board's total membership and adherence to regulations. Furthermore, the board approved her appointment to the sixth board of directors strategic committee.

At the second extraordinary general meeting of 2025, held on November 14, shareholders representing 19.6158% of total voting shares approved several key proposals. These included changes in registered capital and amendments to the articles of association, revisions of board and independent director work procedures, and updates to external guarantee and related party transaction management systems.

Additional approvals encompassed changes to the use of raised funds and director/senior management compensation and performance appraisal systems. Shareholders also passed resolutions to abolish the equity incentive management system and the supervisory board's rules of procedure, along with reappointing the company’s audit firm for 2025.