Qingdao Port International Co., Ltd. (Stock Code: 06198) held its second Extraordinary General Meeting of 2025 on 28 October 2025, where shareholders approved several key resolutions. The meeting took place at the Shandong Port Tower in Qingdao, with attendees holding approximately 83.92% of the total issued shares.

According to the poll results, shareholders passed three special resolutions to amend the company’s Articles of Association and relevant governance procedures, including the abolition of the Supervisory Committee. Ordinary resolutions were also approved, covering amendments to the Working System for Independent Directors, Administrative Rules of External Guarantee, and the purchase of liabilities insurance for the new board and senior management.

An interim dividend of RMB1.466 per ten shares (tax inclusive) was declared, equivalent to HKD1.6061 based on the applicable exchange rate. The distribution will be paid on 24 December 2025 to shareholders whose names appear on the register by 4 November 2025.

Shareholders elected a new fifth-session Board of Directors. The newly appointed executive directors are Mr. Su Jianguang and Mr. Zhang Baohua, while non-executive directors include Mr. Li Wucheng, Ms. Wu Yu, and Mr. Cui Liang. Three independent non-executive directors were also appointed. In addition, Mr. Su will serve as chairman, with Mr. Li as vice chairman. Expiring directors stepped down as of 28 October 2025, and the company expressed gratitude for their service.

The Supervisory Committee ceased operation as of 28 October 2025, with its functions assumed by the Board’s audit committee. Incumbent supervisors also ended their terms on that date. Company officials noted that these supervisory body changes align with recently approved amendments to the Articles of Association.