Xinjiang Sayram AGM approves key resolutions

Xinjiang Sayram Modern Agriculture (SSE:600540) successfully concluded its 2024 Annual General Meeting (AGM), with its legal validity confirmed by Xinjiang Tianyang Law Firm. The meeting, held on May 20, 2025, saw a total of 268 shareholders and proxies representing 285,846,581 shares, accounting for 49.1671% of the company's total share capital. Key resolutions passed included the 2024 board and supervisory reports, profit distribution plans, and approval for applying for bank credit lines. Shareholders also approved the proposed continuation of the current financial auditing firm and confirmed its remuneration of CNY130,000 for 2024. The resolutions were passed via a combination of on-site and online voting.