Qingling Motors has issued a notice convening an Extraordinary General Meeting (EGM) for 22 April 2026 at its Intelligent Network New Energy Commercial Vehicle R&D Center in Chongqing. The agenda outlines sweeping changes to the company’s governance architecture and corporate documents.

Eight Board resignations The EGM will vote to ratify the resignations of six executive directors—LUO Yuguang, NAKAMURA Koji, TSUKUI Mikio, XU Song, LI Juxing and LI Xiaodong—and two independent non-executive directors, LONG Tao and SONG Xiaojiang, effective on the meeting date. A separate resolution authorises the Board to terminate the outgoing directors’ service contracts on terms it deems appropriate.

Seven new director appointments Shareholders will consider electing five executive directors—LIU Zhongwei, KANI Takuji, NAGATA Tomoya, XU Dengke and SONG Xiumin—and two independent non-executive directors, YANG Xinglong and HOU Qian. Each appointment is proposed for a term running from the EGM date through the 2027 annual general meeting. The Board also seeks authority to determine remuneration and finalise service contracts for all newly elected directors.

Corporate governance amendments Two special resolutions propose: 1. Revising the company’s business scope and the rules governing the appointment and change of the legal representative, as detailed in the circular dated 30 March 2026. 2. Updating the Articles of Association to reflect the revised business scope and other governance adjustments. Directors would be empowered to complete all regulatory filings and documentation related to these amendments.

Key procedural details • The register of H-shareholders will close from 17–22 April 2026, with a transfer deadline of 16 April 2026 at 4:30 p.m. for voting eligibility. • Shareholders of record on 17 April 2026 may attend and vote in person or by proxy; all resolutions will be decided by poll in line with Hong Kong Listing Rules. • The EGM is expected to conclude within half a day; attendees will bear their own travel and accommodation costs.

Conclusion The proposed board reshuffle and constitutional revisions mark a significant governance transition for Qingling Motors, positioning the company for its next strategic phase ahead of the 2027 annual general meeting.