Chengdu Information Technology board approves audit firm, governance changes

The board of directors of Chengdu Information Technology of Chinese Academy of Sciences (CASIT) convened its twenty-fifth meeting of the fourth board on November 24, 2025. Key resolutions passed include the re-appointment of Shinewing Certified Public Accountants (Special General Partnership) as the company's 2025 annual audit institution, with an audit fee of 650,000 yuan (financial audit fee of 550,000 yuan and internal control audit fee of 100,000 yuan). This decision will be submitted for shareholder approval.

The board also approved significant revisions to the company's "Related Party Transaction Management System" to align with the latest regulatory requirements. Additionally, in response to the expiry of the six-year terms of independent directors Li Zhishu and Cao Dejun, the board approved the nomination of Chen Liangyin and Wu Gang as new independent director candidates. These nominations will also be subject to shareholder approval at the upcoming third extraordinary general meeting of shareholders in 2025.

The third extraordinary general meeting is scheduled for December 10, 2025, with an equity registration date of December 4, 2025. Shareholders will vote on the audit firm re-appointment, the revised related party transaction management system, and the election of the two independent directors, using a cumulative voting system for the latter.