Nanjing Huadong Electronics announces corporate governance overhaul

Nanjing Huadong Electronics Information & Technology held its sixth extraordinary meeting of the eleventh board of directors on November 24, 2025, where it approved a series of revisions to its articles of association and related governance documents. Key changes include relocating the company's registered address from No. 77 Tianyou Road to No. 33 Tianyou Road in Qixia District, Nanjing, and a comprehensive overhaul of its internal supervisory mechanisms. The company will abolish the board of supervisors, transferring its functions to the audit committee, and adjust various powers of the shareholders' meeting and board of directors.

The approved revisions also entail modifications to the rules governing shareholders' meetings and board meetings, reducing the shareholding ratios required for temporary shareholder proposals and director nominations. Furthermore, Nanjing Huadong Electronics will establish new director resignation management policies. These extensive changes aim to enhance corporate governance and operational efficiency, requiring approval from a general shareholders' meeting. A notice for the 2025 second extraordinary general shareholders' meeting, scheduled for December 10, 2025, has been issued to discuss these resolutions, among other matters including the appointment of auditors and the use of capital reserves.