ESTUN Automation Co., Ltd. (ESTUN, 02715) reported that all motions at its 9 July 2026 Extraordinary General Meeting (EGM) were approved by wide margins, clearing the way for a full board renewal and management reshuffle.
Turnout and voting profile • The EGM was attended by 1,194 shareholders and proxies holding 398.71 million shares, representing 41.20% of ESTUN’s 967.80 million issued shares. • All nine directorial candidates secured well above the simple-majority threshold, with support ratios ranging from 97.49% to 99.43% of votes cast.
Board constitution – sixth session (2026-2029) Executive Directors: Wu Bo, Wu Kan, Zhu Chunhua (all re-elected) and newcomer Zhu Zhangxing, alongside employee-elected director Zhou Ailin. Non-executive Director: Chen Yinlan (re-elected). Independent Non-executive Directors: Han Xiaofang, Lin Jinjun (both re-elected) and Xu Guojin (newly elected). All appointments are for a three-year term commencing 9 July 2026.
Leadership and senior management • Board Meeting held immediately after the EGM elected Wu Bo as chairman and Wu Kan as vice chairman. • Wu Kan was also appointed general manager. • Deputy general managers: Zhu Chunhua, Zhou Ailin, Zhu Zhangxing and Yin Chenggang. • Xiao Tingting was appointed board secretary. • Wu Bo will serve without remuneration; other directors will receive role-based remuneration, while independent directors’ allowances follow the standard approved at the EGM.
Board committee reconfiguration • Audit Committee: Han Xiaofang (Chair), Lin Jinjun, Xu Guojin. • Remuneration & Appraisal Committee: Lin Jinjun (Chair), Han Xiaofang, Chen Yinlan. • Nomination Committee: Xu Guojin (Chair), Han Xiaofang, Wu Kan. • Strategic Committee: Wu Bo (Chair), Wu Kan, Zhu Chunhua, Zhou Ailin, Lin Jinjun. • ESG Committee: Wu Bo (Chair), Zhu Zhangxing, Xu Guojin.
Director retirement Independent non-executive director Dr. Tang Wencheng stepped down from all board and committee roles upon conclusion of the EGM. The board expressed its appreciation for his service.
Regulatory compliance Grandway Law Offices confirmed the legality of the EGM’s convening, procedures and results, while each independent director affirmed compliance with Hong Kong Listing Rule 3.13 on independence.