Kstar Technology completes board transition, appoints new leadership

Shenzhen Kstar Science and Technology (SZSE:002518) has finalized its board transition and leadership appointments. These were approved at the second extraordinary general meeting and the first meeting of the seventh board of directors on December 8, 2025. The new seven-member board comprises four non-independent directors, including one employee representative, and three independent directors. Liu Chengyu was re-elected as chairman, and the board’s specialized committees have also been formed.

Concurrently, the company appointed its new senior management. Liu Chengyu will serve as general manager, with Chen Jia, Liu Baishan, Hu Wei, and Shen Wenyi appointed as deputy general managers. Fan Tao will act as deputy general manager and board secretary, while Xuan Fangyu assumes the role of chief financial officer. All new appointments align with the seventh board of directors’ term. Fan Tao and Zhang Lizhi, the securities affairs representative, both hold the necessary qualifications and have no regulatory issues.

The shareholders' meeting on December 8, 2025, also approved amendments to the company's articles of association and several governance policies, including the rules of procedure for shareholders' meetings, rules of procedure for board meetings, independent directors' work system, external guarantee management measures, accountant selection system, and remuneration management measures for directors and senior management. These resolutions were passed with strong shareholder support.