China Starch shareholders approve construction contract at EGM

China Starch Holdings Limited announced the poll results of its Extraordinary General Meeting (EGM) held on October 9, 2025, confirming the overwhelming approval of a resolution concerning a construction contract. The ordinary resolution, which sought approval for the construction contract and related transactions, passed with 99.99% of votes cast in favor (177,166,675 shares) and only 0.01% against (10,276 shares).

The EGM saw 2,259,106,849 shares participating in the vote, representing approximately 37.88% of the total shares in issue. Directors, including Tian Qixiang (chairman) and Gao Shijun (chief executive officer), along with their associates, collectively holding 3,705,385,194 shares (approximately 62.12% of total shares), abstained from voting as good corporate governance practice.

Tricor Investor Services Limited served as the scrutineer for the vote-taking process. The company confirmed that all directors attended the EGM either in person or electronically, with the exception of Tian Qixiang.