Shengbao Corporation Announces Full Board of Directors Election at 115th Annual Shareholders' Meeting

Key facts

  • Shengbao Corporation Announces Full Board of Directors Election at 115th Annual Shareholders' Meeting
  • Shengbao Corporation has announced a full election of its Board of Directors at the 115th Annual Shareholders' Meeting. Corporate directors, independent directors, and natural person directors have been appointed, with terms starting from June 16, 2026.
  • Source: PR Times
  • Date: June 16, 2026

Direct answer

Shengbao Corporation has announced a full election of its Board of Directors at the 115th Annual Shareholders' Meeting. Corporate directors, independent directors, and natural person directors have been appointed, with terms starting from June 16, 2026.

Citation
Shengbao Corporation Announces Full Board of Directors Election at 115th Annual Shareholders' Meeting (June 16, 2026), PR Times
Source
PR Times
Date
June 16, 2026
Shengbao Corporation has announced a full election of its Board of Directors at the 115th Annual Shareholders' Meeting. Corporate directors, independent directors, and natural person directors have been appointed, with terms starting from June 16, 2026.

📋 Article Processing Timeline

  • 📰 Published: June 16, 2026 at 09:00
  • 🔍 Collected: June 17, 2026 at 17:00 (32h 0m after Published)
  • 🤖 AI Analyzed: June 18, 2026 at 17:44 (24h 43m after Collected)
Shengbao Corporation held its 115th Annual Shareholders' Meeting on June 16, 2026, and conducted a full election of its Board of Directors. Corporate directors, independent directors, and natural person directors were appointed, with terms starting from June 16, 2026. The outgoing directors included Chen Maobang Industrial Development Foundation, Chen Zhang Xiuju Education Foundation, Chen Shengquan, and Chen Shengwei. The independent directors included Lou Yongjian, Lin Youze, and Lai Kaixuan. The newly appointed directors include Junyu Investment Co., Ltd., Chen Zhang Xiuju Education Foundation, Chen Shengquan, Chen Shengwei. The independent directors include Hua Ka Long, Lin Youze, and Lai Kaixuan. The term of the newly appointed directors starts from June 16, 2026, and the term of the outgoing directors was from June 28, 2023, to June 27, 2026.

FAQ

What was the purpose of the board of directors election at Shengbao Corporation?

The board of directors election at Shengbao Corporation was conducted to renew the management team, aiming to maintain the company's management policies while incorporating new perspectives.

What is the background of the newly appointed directors?

The newly appointed directors include Junyu Investment Co., Ltd., Chen Zhang Xiuju Education Foundation, Chen Shengquan, Chen Shengwei, Hua Ka Long, Lin Youze, and Lai Kai Xuan. They each have extensive experience and expertise.

What impact does this election have on the market?

This election demonstrates the stability and continuity of Shengbao Corporation's management team, providing reassurance to investors. It is also part of efforts to maintain competitiveness and strengthen market position.

How long is the term of the newly appointed directors?

The term of the newly appointed directors begins on June 16, 2026. The specific end date of the term will be determined according to the company's regulations.

What does this election mean for investors?

This election demonstrates the stability and continuity of Shengbao Corporation's management team, providing reassurance to investors. It is expected that the company's management policies will be clarified and market competitiveness will be strengthened.