Xinjiang Tarim approves financial assistance and guarantee proposals

Xinjiang Tarim Agricultural Comprehensive Development (SSE:600359) announced the resolutions passed at its second interim shareholders' meeting held on June 4, 2025. Shareholders approved the proposal to provide financial assistance to its wholly-owned subsidiary, with 99.3743% of votes in favor. Additionally, they approved the proposal to provide guarantees for the subsidiary's borrowing, with 99.3301% support. A proposal to increase the 2025 daily related transaction quota was also passed. The meeting was attended by 357 shareholders and proxies, representing 41.2296% of the company's total voting shares. The legal counsel confirmed the meeting's procedures and resolutions were compliant with relevant laws and regulations.