CRCC High-Tech Equipment Corporation Limited convened its 2025 Second Extraordinary General Meeting (EGM) on December 4, 2025, where all proposed resolutions were approved by poll. Shareholders representing 981,248,660 shares attended in person or by proxy, and each resolution received more than half of the votes in favor.

Following the EGM, three executive directors (Mr. Tong Pujiang, Mr. Xiang Daqiang, and Mr. Chen Yongxiang), two non-executive directors (Mr. Lyu Jing and Mr. Xie Huagang), and three independent non-executive directors (Mr. Wu Yuntian, Mr. Na Pengjie, and Ms. Chu Ching) were elected to serve on the fourth session of the Board. Mr. Mo Bin ceased to be an executive director but was elected as an employee director for the same term as the new Board.

On the same day, the Board elected Mr. Tong as Chairman and finalized the composition of four committees. The Strategy and ESG Committee will be chaired by Mr. Tong, the Audit and Risk Management Committee will be led by Mr. Na, the Nomination Committee will be chaired by Mr. Wu, and Ms. Chu will chair the Remuneration and Evaluation Committee.

Additionally, the Board re-appointed seven senior management officials, including the general manager, deputy general managers, chief accountant, chief engineer, and Board secretary, to continue leading the Company’s operations until the new session of the Board is established following its term of office.