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BEIJING - SDIC Power Holdings Co., Ltd. (GDR:SDIC) will hold its 2025 Fifth Extraordinary General Meeting on Friday, September 5, to elect members for its thirteenth Board of Directors, according to a company press release issued Wednesday.
The meeting, scheduled for 2:00 p.m. at the company’s Beijing headquarters, comes as the current board’s term expires on September 6, 2025.
Shareholders will vote on two key proposals through a cumulative voting system. The first proposal concerns the election of five non-independent directors: Guo Xuyuan, Liu Guojun, Yu Haimiao, Zhao Jun, and Gao Jun. The second proposal addresses the election of three independent directors: Zhang Lizi, Xu Junli, and Ma Yongyi.
Guo Xuyuan, the incumbent Chairman of SDIC Power, is among the nominees for re-election. Other current board members seeking re-election include Liu Guojun, who serves as Vice Chairman, and Yu Haimiao, the company’s General Manager.
New nominee Gao Jun currently serves as Deputy Director of the Maintenance Plant at China Yangtze Power Co., Ltd., one of SDIC Power’s shareholders.
For the independent director positions, both Zhang Lizi, a professor at North China Electric Power University, and Xu Junli, a Senior Partner at Tahota (Beijing) Law Firm, are seeking re-election. Ma Yongyi, a professor at Beijing National Accounting Institute and a Certified Public Accountant, is also nominated.
The proposals were approved at the 47th meeting of the company’s Twelfth Board of Directors held on August 20. The new directors will serve three-year terms upon election.
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