KPA(SH:688681) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-05 16:54Group 1 - The company held an employee representative director election on December 30, 2025, resulting in Mr. Jia Mingquan being elected as the employee representative director for the fifth board of directors [1][2] - The fifth board of directors will consist of the newly elected employee representative director and eight other directors elected at the fourth extraordinary shareholders' meeting, serving a term of three years [1][2] - The election process complied with relevant laws and regulations, ensuring that the number of non-independent directors, including the employee representative, does not exceed half of the total board members [2] Group 2 - The company held its fourth extraordinary shareholders' meeting on December 31, 2025, where all proposed resolutions were approved without any rejections [6][7] - The meeting was conducted in accordance with the Company Law and the company's articles of association, utilizing both on-site and online voting methods [7][8] - The meeting included the attendance of all nine current directors and the company secretary, ensuring a quorum was met [8] Group 3 - The company announced the election of its chairman and the establishment of various specialized committees during the first meeting of the fifth board of directors held on December 31, 2025 [13][14] - Mr. Zhu Yijun was elected as the chairman of the fifth board of directors, with a term lasting until the end of the board's term [14][41] - The specialized committees include the audit committee, compensation and assessment committee, strategic committee, and nomination committee, with independent directors holding a majority in each [15][16][49] Group 4 - The company reported the completion of two fundraising projects: the smart grid fault monitoring and automation product upgrade project, and the construction of the modern electrical automation technology research institute [25][26] - A total of 28.72 million yuan in surplus funds from these projects will be permanently supplemented into the company's working capital to enhance operational efficiency [25][33] - The company has adhered to regulations regarding the use of raised funds, ensuring that the projects were completed within budget and on schedule [32][37]