Venustech Group updates governance, extends employee stock plan

Venustech Group has approved significant revisions to its corporate governance framework, including updates to its Articles of Association, related rules of procedure, and several key management systems. These changes, approved at the Sixth Board of Directors' Fourteenth Meeting on December 5, 2025, encompass policies on connected transactions, raised funds management, external guarantees, independent director work, audit committee operations, general manager responsibilities, board secretary duties, investor relations, internal information insider registration, and a stock trading management system for directors and senior management. These revisions are designed to enhance compliance and operational efficiency.

The company also announced the re-election of Li Xin as a director and member of the strategic committee, as well as her appointment as chief financial officer, following the resignation of Wang Zhiyong. Wang stepped down from his roles as director, strategic committee member, and CFO due to work arrangements with China Mobile Communications Group. Additionally, Venustech Group's second employee stock ownership plan, set to expire on January 9, 2026, has been extended to July 9, 2026, as the company's shares held under the plan have not yet been fully divested.