JC Finance & Tax announces board refresh and governance overhaul

JC Finance & Tax Interconnect Holdings (SZSE:002530) announced resolutions from its Sixth Board of Directors' Eighteenth Meeting on December 11, 2025, including the upcoming expiration of the Sixth Board's term and the initiation of a board election for the Seventh Board. The Seventh Board will comprise seven directors: four non-independent and three independent. The board approved the nomination of Mr. Zhu Xiaojun, Mr. Wang Lei, Mr. Yang Mo, and Ms. Fang Lili as non-independent director candidates, and Mr. Zhang Zhengyong, Mr. Xu Yueming, and Mr. Qian Shiyun as independent director candidates. These nominations will be presented for shareholder approval at the Fourth Extraordinary General Meeting.

The board also approved the cancellation of the Supervisory Board and amendments to the company's Articles of Association. Additionally, a comprehensive review and revision of 26 internal governance policies were passed, including updates to rules for shareholder meetings, board meetings, related-party transactions, and external guarantees, among others. These governance changes aim to enhance the company's operational compliance.

The Fourth Extraordinary General Meeting, scheduled for December 31, 2025, at the company's Shanghai branch, will seek shareholder approval for these crucial changes, including the board elections and governance updates. Shareholders will use cumulative voting for director elections and will cast separate votes for non-independent and independent directors.