Striving for Excellence and Writing a New Chapter | Successful Completion of KEDA Industrial Group's Board Re-Election

On August 1, KEDA Industrial Group held its first extraordinary general meeting of shareholders in 2024. The meeting included the initial sessions of the 9th board of directors and the supervisory board. During these meetings, the company successfully completed the re-election of the board of directors, the supervisory board, and the appointment of senior management. This lays a solid institutional and organizational foundation for the company's high-quality mid-to-long-term development.

The 9th board of directors consists of 11 members, including Mr. Cheng BIAN, Mr. Xuexian YANG, Mr. Yanchang SHEN, and Mr. Yuejin LI. Mr. Cheng BIAN was elected as chairman. The 9th supervisory board has 3 members, including Ms. Hengxiang PENG, who was elected as chairman.


Over the past 3 years, under the leadership of Chairman Mr. Cheng BIAN, the 8th board of directors, and senior management, KEDA Industrial Group has followed an innovative development path of "Prosperity through Science". This approach has resulted in steady growth in core business sectors and reaching historical performance highs. The re-election of Chairman Mr. Cheng BIAN and several directors and senior management members signifies a strong endorsement of their effective leadership and contributions to the company's progress in recent years.

Under the new board's division of responsibilities, Chairman Mr. Cheng BIAN will lead the company's strategy and overall management. Director and General Manager Mr. Xuexian YANG will oversee the production and operations of the ceramic machinery business. Director Mr. Yanchang SHEN will chair the building materials sector, while Director Mr. Yuejin LI will be its president, handling production and operations. Vice President and Chief Financial Officer Mr. Fei ZENG will manage the company's finances. Vice President Mr. Peng ZHOU will oversee human resources, administration, and public relations. Board Secretary Mr. Qi PENG will handle securities affairs.


Carry forward and forge ahead. Under the leadership of Chairman Mr. Cheng BIAN, the new board will continue to uphold integrity and innovation. They will firmly maintain compliance while enhancing corporate governance capabilities and standards.

Adhering to strategic development goals, the board will consistently focus on core business development to strengthen and optimize the company's fundamentals. This approach aims to enhance both intrinsic and expected value. With exceptional performance and promising growth prospects, KEDA Industrial Group is committed to delivering outstanding returns to shareholders and society. The company looks forward to writing a new chapter in high-quality development with a fresh outlook and renewed efforts.