Dongguan Development Holdings Co., Ltd. (hereinafter referred to as "the Company") held its first extraordinary shareholders' meeting on June 4, 2026, to review and approve the proposals for the cumulative voting system to elect non-independent directors and independent directors of the ninth board of directors. The Company also held the 18th meeting of the fifth employee representative assembly, electing Ms. Liu Shenghua as the employee representative director. On June 4, 2026, the Company convened the first meeting of the ninth board of directors, which reviewed and approved the proposal to elect the chairman of the ninth board of directors and the proposal to appoint senior management personnel. The Company has now completed the election of the board of directors and the appointment of senior management and the securities affairs representative. The specific details are announced as follows:
I. Composition of the Ninth Board of Directors
(1) Members of the Ninth Board of Directors
Non-independent directors: Li Binfeng, Chen Wopei, Li Xuejun, Liu Shenghua (employee director)
Independent directors: Gao Fei, Liu Yong, Qiu Weigu
These seven directors together constitute the ninth board of directors of the Company, with a term of three years, from the date of approval by the first extraordinary shareholders' meeting of 2026 until the expiration of the ninth board of directors. According to the provisions of the Articles of Association, the chairman serves as the legal representative of the Company. The Company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
(2) Senior Management and Securities Affairs Representative
The ninth board of directors has appointed the following individuals as senior management personnel:
- Mr. Li Xuejun as President of the Company;
- Ms. Liu Shenghua as Vice President and CFO;
- Mr. Jiang Haibo as Vice President;
- Ms. Liu Jiao as Secretary of the Board.
The term of the above senior management personnel is three years, from the date of approval by this board meeting until the expiration of the ninth board of directors. The ninth board of directors has appointed Ms. Zhou Xiaomin as the securities affairs representative, with a term of three years, from the date of approval by this board meeting until the expiration of the ninth board of directors.