Qingdao Hanhe Cable announces director nominations ahead of board re-election

Qingdao Hanhe Cable has announced the upcoming re-election of its board of directors, as the term for its sixth board is set to expire. The company's sixth board of directors met on December 9, 2025, to approve proposals for the election of non-independent and independent directors for the seventh board. The current board consists of nine directors: five non-independent, one employee representative, and three independent directors.

The board approved the nomination of Zhang Ligang, Zhang Linjun, Xu Hongwei, Ma Zhiyuan, and Dong Jian as non-independent director candidates. For independent directors, the nominees are Zhao Jiankang, Wang Yongmei, and Yang Xinfa. Wang Yongmei possesses accounting expertise. Yang Xinfa's qualification for independent director status is pending approval from the Shenzhen Stock Exchange, and he has committed to obtaining the necessary training certification.

These nominations will be presented for approval at the second extraordinary general meeting of shareholders in 2025, scheduled for December 26, 2025, where cumulative voting will be used. The company confirmed that the number of senior management personnel also serving as directors, as well as employee representative directors, does not exceed one-half of the total number of directors.