Seazen Holdings extends share issuance validity

Seazen Holdings (SSE: 601155) announced the resolutions passed at its first extraordinary general meeting of shareholders in 2025. Key approvals included extending the validity period for the company's plan to issue A-shares to specific targets, as well as extending the authorization granted to the board of directors to handle related matters. The resolutions were approved with over 99.8% of votes in favor from A-share holders present at the meeting. The meeting, held on March 7, 2025, was attended by 419 shareholders and proxies, representing 68.3974% of the company's total voting shares. Guangdong Xinda Law Firm provided legal witnessing, confirming the legality and validity of the meeting procedures and resolutions.