Yangtze optical fibre & cable shareholders back key resolutions, including board changes

Yangtze Optical Fibre and Cable Joint Stock Company announced the poll results of its 2025 second extraordinary general meeting (EGM) held on December 5, 2025. All proposed resolutions, including renewals of continuing connected transactions and appointments of non-executive directors, were duly passed.

Ordinary resolutions, requiring more than half of the total voting rights for approval, included the renewal of connected transactions with China Huaxin Group and Nokia Shanghai Group. Both passed with over 99.9% of votes FOR from independent shareholders. Non-executive director appointments for Mr. Qiu Xiangping and Mr. Guan Jingzhi were also approved, with 99.8211% and 99.8223% of votes FOR, respectively.

Special resolutions, requiring more than two-thirds of the total voting rights, also passed. These included the abolishment of the supervisory board and related amendments to the articles of association and procedural rules. Resolution 4.1 regarding the abolishment of the supervisory board passed with 329,063,398 shares (99.9539%) voted FOR. The EGM was attended by 545 shareholders and authorized proxies holding 329,215,098 shares, representing 43.44% of the total issued share capital.