SAINT ANGELO(SZ:002154) Zheng Quan Zhi Xing·2025-08-15 16:36Core Viewpoint - The company is preparing for the election of the ninth board of directors, with proposals for both non-independent and independent director candidates to be submitted for shareholder approval [1][2]. Group 1: Board Election - The eighth board of directors will hold its eighteenth meeting on August 14, 2025, to review the election proposals for the ninth board of directors [1]. - The board is proposing to nominate three non-independent directors: Mr. Wu Zhize, Ms. Wu Yuexian, and Ms. Wu Liya, and three independent directors: Mr. Wo Jian, Mr. Li Haoran, and Ms. Su Baoyan [2]. - The term for Mr. Li Haoran is set from the date of shareholder approval until January 21, 2027, while the other directors will serve a term of three years [2]. Group 2: Candidate Qualifications - The nomination committee has reviewed the qualifications of the candidates and found no disqualifying conditions as per relevant laws and regulations [2][3]. - The independent director candidates include Mr. Wo Jian, who is a qualified accounting professional, and all candidates meet the independence criteria [3]. - The number of independent directors will not be less than one-third of the total board members, and the candidates do not exceed the limit of serving on three boards of listed companies [3]. Group 3: Current Board Members - Mr. Wu Zhize holds 367,777,954 shares, representing 25.20% of the total share capital, making him the controlling shareholder [4]. - Ms. Wu Yuexian holds 1,395,000 shares, accounting for 0.10% of the total share capital, and has no relationship with shareholders holding more than 5% [6]. - Ms. Wu Liya holds 1,406,250 shares, which is 0.13% of the total share capital, and is related to Mr. Wu Zhize [7]. Group 4: Independent Director Candidates - Mr. Wo Jian has extensive experience as an independent director and does not hold any shares in the company [8]. - Mr. Li Haoran, also an independent director candidate, has a background in management and does not hold shares in the company [9]. - Ms. Su Baoyan, another independent director candidate, has a strong background in fashion and design and does not hold shares in the company [10].