CYG(SH:600525) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-27 00:43Core Viewpoint - The company held its 11th meeting of the 9th Board of Directors, where several key resolutions were passed, including the election of a new chairman and the extension of the employee stock ownership plan [2][4][6]. Group 1: Board Resolutions - The Board elected Mr. Qiao Wenjian as the chairman, with a term lasting until the end of the current board's tenure [2][3]. - The Board approved the appointment of Mr. Guan Tianwu as a member and chairman of the Audit Committee, and Mr. Qiao Wenjian as a member and chairman of the Strategy Committee [4][5]. - The employee stock ownership plan's duration was extended by 12 months, now set to expire on November 8, 2026 [6][15]. Group 2: Voting Results - The resolutions regarding the election of the chairman and the committee members received 7 votes in favor and 2 against, with dissenting votes citing violations of regulations regarding board composition [3][5]. - The resolution to extend the employee stock ownership plan was approved with 6 votes in favor, while related directors abstained from voting [6]. Group 3: Risk Warning and Financial Oversight - The company’s stock has been under risk warning since April 30, 2025, due to a negative internal control audit report for the 2024 fiscal year [9][10]. - The company has taken measures to address the issues raised in the audit report, including the establishment of a special rectification team and ongoing internal reviews [11].