East Group board names new independent director, calls EGM

East Group (SZSE:300376) announced resolutions from its board meeting held on November 28, 2025. The board approved the resignation of independent director Mr. Guan Yibo and nominated Mr. Wang Weiyong as his replacement. Mr. Wang, a lawyer with a doctoral degree, will assume Mr. Guan’s previous roles on the remuneration and appraisal, nomination, and strategy committees, with his term lasting until the board’s expiration. His qualification will be submitted to the Shenzhen Stock Exchange for approval.

The board also decided to convene the third extraordinary general meeting of 2025 on December 16, 2025, at 10:30 AM. This meeting will be held both in person and via online voting, where shareholders will review and vote on the proposed independent director appointment and other related matters. Online voting through the Shenzhen Stock Exchange system will be available from 9:15-9:25 AM, 9:30-11:30 AM, and 1:00-3:00 PM.

Shareholders wishing to attend must register by December 15, 2025, at 5:00 PM. Further details regarding the nomination of the independent director and the agenda for the extraordinary general meeting are available on the Juchao Information website.