Qingdao Victall Railway (SH:605001) Shang Hai Zheng Quan Bao·2025-12-01 19:23Core Viewpoint - The company held its second extraordinary general meeting of shareholders on December 1, 2025, where several key resolutions were passed, including the cancellation of the supervisory board and amendments to the company's articles of association [2][4][6]. Group 1: Meeting Details - The extraordinary general meeting was convened on December 1, 2025, at the company's meeting room in Qingdao [2]. - The meeting was chaired by the chairman, Mr. Sun Hanben, and utilized a combination of on-site and online voting methods [2][3]. - All directors and supervisors attended the meeting, ensuring full representation [3]. Group 2: Resolutions Passed - The resolution to cancel the supervisory board and amend the articles of association was approved [4]. - Other governance-related resolutions, including amendments to the rules for shareholder meetings, board meetings, independent director systems, related party transaction management, external guarantee management, fundraising management, and external investment management, were also passed [5]. Group 3: Board Composition and Appointments - The fourth board of directors was elected, consisting of 8 directors, with Mr. Sun Jilong elected as the chairman [9][10]. - The board's specialized committees were formed, including the strategy committee, audit committee, nomination committee, and compensation and assessment committee, with independent directors holding key positions [10]. - Key management appointments included Mr. Sun Jilong as general manager, along with several vice presidents and a financial director [10][11]. Group 4: Shareholder Equity Changes - The company disclosed a change in equity for a major shareholder, Tangshan Ruize Equity Investment Management Center, which reduced its shareholding from 8.40% to 7.59% through a series of stock sales [29][31]. - The reduction involved selling a total of 3,174,900 shares, representing 0.80% of the company's total shares [31].