Summary by Futu AI
On January 6, 2025, CRRC Corporation held the 31st meeting of the third Board of Directors, passing several important resolutions. The meeting appointed Weng Yiran as a member of the Strategy and Sustainability Committee and Shi Jianzong as a member of the Audit and Risk Management Committee, optimizing the structure of the Board's specialized committees.The meeting agreed to provide a credit guarantee of no more than 1.135 billion dirhams (approximately 2.257 billion yuan) for the Dubai Metro Blue Line Project Company through its wholly-owned subsidiary, CRRC (Hong Kong) Co., Ltd. In addition, the Board of Directors approved the amendments to the company's articles of association, the rules of procedure for the shareholders' meeting, and the rules of procedure for the Board of Directors, and decided to convene the first interim shareholders' meeting of 2025 to discuss related matters.These resolutions reflect CRRC Corporation's proactive initiatives in corporate governance, international business expansion, and risk management, which are expected to further enhance the company's operational efficiency and market competitiveness.