Nine Dragons Paper shareholders greenlight all AGM resolutions

Nine Dragons Paper (Holdings) Limited announced that all ordinary resolutions at its Annual General Meeting on December 11, 2025, were duly passed by shareholders. The audited financial statements and reports for the year ended June 30, 2025, were approved with 99.91% of votes in favor. Key re-elections of executive directors, including Zhang Cheng Fei and Zhang Lianpeng, also received strong support with 95.85% and 98.37% approval, respectively.

Shareholders also re-elected independent non-executive directors and authorized the Board to fix directors' remuneration, both passing with over 96% in favor. The re-appointment of PricewaterhouseCoopers as auditor was approved with 95.03% of votes. Mandates to allot ordinary shares and purchase the company's own shares were also granted, with 90.61% and 99.99% approval, respectively.

In personnel changes, Lam Yiu Kin retired by rotation as an independent non-executive director. Sun Po Yuen was appointed as chairman of the audit committee and a member of other key committees, effective December 11, 2025.