Easyhome New Retail Group proposes board expansion, business scope changes

Easyhome New Retail Group (SZSE:000785) has announced proposed revisions to its Articles of Association, subject to approval at an extraordinary general meeting on December 22, 2025. The amendments include expanding the board of directors from 12 to 15 members, with the number of non-independent directors increasing from 8 to 10, and independent directors from 4 to 5. This adjustment aims to optimize corporate governance, enhance decision-making, and align with business development needs.

The company also announced the upcoming election for its twelfth Board of Directors. Nominees for non-independent directors include Mr. Wang Ning, Ms. Yang Fang, Mr. Li Jie, Mr. Huang Wenge, Mr. Qiu Peng, Mr. Xu Chong, Ms. Wang Yiting, Mr. Huo Yan, and Ms. Huang Xinhua. Independent director nominees are Mr. Dong Hao, Mr. Wang Yuetang, Mr. Zhao Yingming, Mr. Xu Lantin, and Mr. Wang Yong. Mr. Wang Yuetang is designated as an accounting professional.

The company's business scope will also be updated, with the removal of "decoration design," "supermarket retail," "logistics distribution, warehousing services (excluding flammable and explosive materials)," "fitness," "photography," "copying," "dry cleaning services," "calligraphy and painting mounting," "house leasing," "economic and trade consulting," "property management," "automobile freight," and "road freight agency" from its registered activities. New additions include "domestic cargo transportation agency" and "non-residential property leasing."