GUANGSHEN RAIL (00525) intends to appoint Jiang Hui as an executive director.

GUANGSHEN RAIL (00525) announced that it has received a written notice from its largest shareholder, China Railway Guangzhou Group Co., Ltd. (Guangzhou Railway Group), holding approximately 37.12% of the company's issued share capital. The notice recommends Mr. Jiang Hui to be appointed as an executive director of the company's tenth board of directors. The Nomination Committee of the Board of Directors has reviewed the recommendation and made a suggestion to the Board. Based on the recommendation of the Nomination Committee, the Board has resolved to appoint Mr. Jiang Hui as an executive director of the company's tenth board of directors. The Company's Board of Directors is pleased to announce that on November 19, 2024, the Board resolved to appoint Mr. Chen Shaohong as the authorized representative of the company in accordance with Rule 3.05 of the Listing Rules, with a term until the Board proposes his dismissal or he no longer serves as a director of the company. As of the date of this announcement, the authorized representatives under Rule 3.05 of the Listing Rules are Mr. Chen Shaohong and Mr. Tang Xiangdong.