Nanjing Panda Electronics Company Limited has issued a circular outlining four matters to be tabled at its extraordinary general meeting scheduled for 4 December 2026 in Nanjing.
1. Governance Document Updates • The board recommends special resolutions to amend selected provisions of the Articles of Association, the Procedural Rules of Shareholders’ Meeting and the Procedural Rules of the Board of Directors. • Key changes include: one-vote-per-director clarification, unified wording for voting thresholds, transfer of the company’s legal-representative role from the general manager to the chairman, and other textual refinements. • All other clauses remain unchanged.
2. Auditor Replacement for FY-2026 • Incumbent auditor WUYIGE Certified Public Accountants LLP has resigned after three consecutive years of service. • The board, following Audit and Risk Management Committee review, nominates Baker Tilly China Certified Public Accountants as external and internal control auditor for FY-2026. • Proposed total fee: RMB 2.48 million, unchanged from the prior year (RMB 1.92 million for financial-statement audit; RMB 0.56 million for internal-control audit). • Both outgoing and incoming firms confirmed there are no outstanding matters or disagreements with the company.
3. Election of Executive Directors • Shareholder Nanjing Electronics Information Industrial Corporation (effective stake 26.98%) has nominated Mr Lu Bin and Mr Wan Lei as executive directors for the 11th board term. – Mr Lu Bin, 56, senior engineer, currently party secretary of the company, will receive an annual base salary of roughly RMB 0.25 million–0.40 million plus performance pay (60% of total). – Mr Wan Lei, 46, general manager and deputy party secretary, will receive a similar remuneration structure. • Neither nominee holds shares in the company, nor have related-party ties with existing directors or major shareholders.
4. EGM Logistics • Record date: Share transfer books close 27 November–4 December 2026 (both days inclusive). • Venue: Company conference room, 7 Jingtian Road, Nanjing; time: 2:30 p.m. • Shareholders may vote in person or by proxy; all resolutions will be decided by poll.
The board urges shareholders to approve all proposals, citing alignment with operational needs and regulatory compliance.