CITIC Limited: Chen Bin elected as the employee representative director of NISCO
CITIC Limited announced that NISCO will hold an extraordinary shareholders' meeting on September 5, 2025, to review and approve the proposal to amend the articles of association, deciding that there should be one employee representative on the board of directors. On September 16, 2025, the employee representative assembly elected Chen Bin as the employee representative director, with a term until the expiration of the ninth board of directors' term
According to the announcement from CITIC Limited (00267) regarding its subsidiary NISCO (600282.SH), in accordance with the relevant provisions of the Company Law of the People's Republic of China (2023 Revision) (hereinafter referred to as the "Company Law"), to continuously promote the improvement of corporate governance and standardized operation levels, Nanjing Iron and Steel Co., Ltd. (hereinafter referred to as the "Company") will hold the second extraordinary general meeting of shareholders in 2025 on September 5, 2025, to review and approve the proposal to amend the "Articles of Association of Nanjing Iron and Steel Co., Ltd." One member of the Company's board of directors shall be a representative of the Company's employees, elected democratically by the employees through the employee representative assembly, employee assembly, or other forms, without the need for submission to the general meeting of shareholders for review.
On September 16, 2025, the Company held an employee representative assembly and elected Chen Bin as the employee representative director of the Company's ninth board of directors. Chen Bin will join the eight directors elected by the Company's shareholders to form the ninth board of directors, with a term starting from the date of the resolution passed by the employee representative assembly until the expiration of the term of the ninth board of directors
