广西五洲交通股份有限公司关于董事会换届选举的公告

Group 1 - The core point of the announcement is the election of the 11th Board of Directors for Guangxi Wuzhou Transportation Co., Ltd., which will consist of 12 members, including 8 non-independent directors and 4 independent directors [1][2] - The 11th Board of Directors will serve a term of three years, starting from the date of election by the shareholders' meeting until the completion of the election of the 12th Board [2] - The independent director candidates have obtained the necessary qualifications and will be submitted for approval by the Shanghai Stock Exchange before being presented to the shareholders' meeting for election [4] Group 2 - The candidates for the non-independent directors include Huang Yingqiang, Wang Xiaoxue, Wu Zhongjie, Xu Guoping, Yang Jianguo, Yang Xudong, and Yu Li [2] - The independent director candidates are Li Chonggang, Liang Shuhong, Yu Bo, and Zhang Guojun, all of whom meet the qualifications required by relevant laws and regulations [4] - The employee director, Zhang Lai, has been elected through a democratic process by the employee representative assembly [2][4] Group 3 - The announcement confirms that all candidates have not been subject to penalties by the China Securities Regulatory Commission or other relevant authorities, and they meet the legal requirements to serve as directors [4] - The election process will utilize a cumulative voting system, and the independent director candidates' qualifications must be approved by the Shanghai Stock Exchange without objection [4][2]