LPXD(SZ:002114) Shang Hai Zheng Quan Bao·2025-10-17 19:36Core Viewpoint - The company held its first meeting of the ninth board of directors on October 16, 2025, where key leadership positions were elected and management appointments were made [2][4][32]. Meeting Details - The meeting was conducted with all six directors present, and the voting process was completed with unanimous support for all resolutions [2][5]. - The meeting adhered to the relevant laws and regulations, confirming its legality [3]. Election of Board Members - The board elected Mr. Xiao Lisheng as the chairman and legal representative for a term of three years [4][32]. - The board also elected members for the audit, nomination, and remuneration committees, ensuring compliance with governance standards [4][6][8]. Management Appointments - Mr. Xiao Lisheng was appointed as the general manager, while Mr. Chen Kejin and Mr. Li Zhimin were appointed as deputy general managers, all for a term of three years [10][12][14]. - The board will appoint a new secretary as the position is currently vacant, with Mr. Xiao Lisheng acting in this role temporarily [4][10]. Financial Management - The board approved the proposal to entrust a third-party agency to select a new financial director, ensuring a professional and fair selection process [16][21]. - Mr. Xiao Lisheng will temporarily assume the responsibilities of the financial director until a new appointment is made [57][58]. Governance Structure - The ninth board consists of nine members, including six non-independent directors and three independent directors, maintaining a balance in governance [32][34]. - The company will expedite the selection of additional non-independent directors to ensure stable governance [33].