Chengdu Xingrong environmental restructures supervisory board, amends bylaws

Chengdu Xingrong Environmental Co., Ltd. held its Sixth Extraordinary General Meeting of Shareholders on December 18, 2025, approving several key resolutions. These included revisions to the company's articles of association, rules of procedure for the general meeting of shareholders, rules of procedure for the board of directors, and the independent director system.

Notably, the company announced a reform of its supervisory board, ceasing its establishment and transferring related responsibilities to the board's audit committee. Current supervisory board members, Jia Sa Sa, Xie Yong, and Shen Qingfeng, have been relieved of their duties. Jia Sa Sa and Xie Yong will no longer hold company positions, while Shen Qingfeng will continue in a subsidiary.

Shareholders overwhelmingly approved the revised company articles of association with 98.7517% in favor, the revised rules of procedure for the general meeting of shareholders with 99.9535% in favor, and the revised rules of procedure for the board of directors with 99.9534% in favor. The updated independent director system was also approved with 98.4374% in favor. Additionally, the company secured approval to provide guarantees for its controlling subsidiary, Dongying Jinmo Environmental Protection Technology Co., Ltd. These changes are designed to optimize corporate governance and align with updated legal and regulatory requirements.