Tongling Nonferrous board approves committee changes, management policy revisions

Tongling Nonferrous Metals Group announced its Tenth Board of Directors held its 27th meeting on November 20, 2025, approving several key resolutions. Six directors attended the meeting, with three present physically and three independent directors participating via telecommunication.

The board unanimously approved changes to the composition of its specialized committees. Yu Jia will now chair the nomination committee, while Ding Shiqi chairs the strategy committee. Yao Lush will lead the audit committee, and Tang Shubie will chair the remuneration and assessment committee. These adjustments aim to enhance the board's operational efficiency.

Furthermore, the board approved the formulation and revision of four key management policies, including the "External Investment Management Measures," "External Guarantee Management System," "Related Party Transaction Management System," and "Raised Funds Management System." These updates align with current regulatory policies and the company's articles of association. These revisions will be submitted for approval at the third extraordinary general meeting of shareholders on December 29, 2025.