Shang Hai Zheng Quan Bao·2026-03-01 19:09Core Viewpoint - The company has appointed Mr. Qu Xiaoli as the Chief Financial Officer (CFO) following a unanimous decision by the board of directors, indicating a strategic move to strengthen its financial leadership [1][2]. Group 1: Board Meeting Details - The fourth board meeting of the company was held on February 28, 2026, with all 8 directors present, confirming compliance with legal and regulatory requirements [1]. - The meeting resulted in a unanimous vote (8 in favor, 0 against, 0 abstentions) to approve the appointment of Mr. Qu Xiaoli as CFO [1]. Group 2: Appointment Process - Prior to the board meeting, the Nomination Committee and the Audit and Risk Management Committee reviewed and approved the proposal to appoint Mr. Qu Xiaoli as CFO [2]. - The Nomination Committee unanimously agreed that Mr. Qu meets the qualifications set forth by relevant laws and the company's articles of association [2]. Group 3: Mr. Qu Xiaoli's Background - Mr. Qu Xiaoli, born in 1970, is a Chinese national with a university degree and is a senior accountant [4]. - He has held various significant positions in the finance sector, including roles at China National Materials Group Corporation and China National Building Material Group Corporation [4]. - Mr. Qu has no relationships with the company's directors, senior management, or major shareholders, and he does not hold any shares in the company as of the announcement date [4].