Changjiang Securities updates governance, expands credit with board approval

Changjiang Securities announced its Tenth Board of Directors held its 22nd meeting on November 21, 2025, approving several key proposals, including revisions to the company's Articles of Association and its annexes. The board also nominated candidates for the Eleventh Board of Directors. Concurrently, the Tenth Board of Supervisors held its 15th meeting, also approving the revisions.

These revisions incorporate updates to the "Company Law" and regulatory requirements, standardizing the terminology from "Shareholder General Meeting" to "Shareholders' Meeting" and removing mentions of "supervisors" and "board of supervisors." The company’s Articles of Association will now align with current legal and regulatory frameworks, reflecting enhanced corporate governance practices.

In addition, the board approved an adjustment to the credit business's total scale limit, increasing it from CNY 520 million to 300% of the company's audited consolidated net capital as of year-end 2024. All approved resolutions, including the election of non-independent and independent directors, are subject to final approval at the Extraordinary General Meeting of Shareholders scheduled for December 9, 2025.