BUSEN Step Sen Stock
Securities Code: 002569
Securities Abbreviation: *ST Busen
Announcement Number: 2026-063
Zhejiang Busen Apparel Co., Ltd.
Announcement on Completion of Director Election and Change of Senior Management Personnel
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Following deliberation at the Second Extraordinary General Meeting of Shareholders of Zhejiang Busen Apparel Co., Ltd. (hereinafter referred to as the "Company") in 2026, the Company has successfully completed the revision of the "Articles of Association" and its annexes, the adjustment of board seats, and the election of directors. On August 11, 2026, the Company convened the 14th meeting of the Seventh Board of Directors, at which the Chairman of the Seventh Board of Directors and members of the specialized committees of the Board were elected, and senior management personnel were appointed. Concurrently, in accordance with the relevant provisions of the "Articles of Association," the Company's legal representative was changed. The relevant situation is hereby announced as follows:
I. Changes in the Company's Chairman and Legal Representative
On August 11, 2026, the Company convened the 14th meeting of the Seventh Board of Directors and deliberated and approved the "Proposal on the Election of the Chairman of the Board." It was agreed to elect Mr. Wang Bo as the Chairman of the Seventh Board of Directors. His term of office shall commence from the date of deliberation and approval of this Board meeting until the expiration of the term of the Seventh Board of Directors. In accordance with the provisions of the "Articles of Association," the Company's legal representative has been changed to Mr. Wang Bo. The Board of Directors has authorized the Company's management and relevant personnel to handle the industrial and commercial registration and filing matters for the change of legal representative and the corporate seal.
Following the above changes, the composition of the Seventh Board of Directors is as follows:
Chairman: Mr. Wang Bo
Non-independent Directors: Mr. Wang Bo, Ms. Zhang Min, Mr. Huang Ping, Ms. Deng Yun
Independent Directors: Mr. Yuan Zhaoyun, Ms. Wei Wenli, Mr. Lin Shanlang
Following the completion of this director election, the Seventh Board of Directors is composed of 7 directors, including 5 new directors and 2 re-elected directors. The term of office for these new directors shall commence from the date of deliberation and approval of the Second Extraordinary General Meeting of Shareholders in 2026 until the expiration of the term of the Seventh Board of Directors.