GGITG(SH:601086) Shang Hai Zheng Quan Bao·2025-11-21 19:45Core Viewpoint - The company, Gansu Guofang Industry and Trade (Group) Co., Ltd., is undergoing a board of directors' re-election process, with the sixth board's term nearing completion, and has proposed candidates for the seventh board of directors [12][5]. Group 1: Board Election Proposals - The board has approved the nomination of five candidates for non-independent directors: Zhang Huiyang, Zhang Hui, Meng Li, Yang Jianxing, and Li Yuan [12][5]. - The board has also approved the nomination of three candidates for independent directors: Li Chengyan, Li Zongyi, and Chen Yongping [5][12]. - Both proposals will be submitted for shareholder approval at the upcoming extraordinary general meeting [3][6]. Group 2: Upcoming Shareholder Meeting - The company plans to hold the 2025 second extraordinary general meeting on December 19, 2025, to vote on the election of the new board members [8][24]. - The meeting will utilize a combination of on-site and online voting methods [25][26]. - Shareholders must register to attend the meeting, with specific registration procedures outlined [37][39]. Group 3: Candidate Qualifications - All nominated candidates meet the qualifications required by relevant laws and regulations, with no disqualifying conditions present [14][21]. - The independent director candidates have relevant professional backgrounds and experience, ensuring their capability to fulfill their roles [21][23]. Group 4: Voting Process - The voting for the board members will follow a cumulative voting system, allowing shareholders to allocate their votes among the candidates [43][44]. - Specific instructions for the voting process, including the number of votes per share, are provided to ensure clarity for shareholders [43][44].