Xinjiang Talimu shareholders approve governance overhaul, elect new directors

Xinjiang Talimu Agriculture Development Co., Ltd. held its third extraordinary general meeting of 2025 on August 27, where shareholders approved several key proposals. Notably, the meeting sanctioned the abolition of the supervisory board and amendments to the company's articles of association and related governance policies. Shareholders also approved a change of accounting firm, the addition of daily related-party transaction quotas for 2025, and financial assistance to a wholly-owned subsidiary for 2025.

The meeting, convened by the board of directors and chaired by chairman Tang Jianguo, saw 182 shareholders and proxies representing 40.7291% of total voting shares participate through a combination of on-site and online voting. All resolutions passed, with the special resolution regarding governance amendments securing over two-thirds of the votes cast.

Additionally, new members for the ninth board of directors were elected. Tang Jianguo, Li Junhua, Wu Ting, and Jiang Caibin were elected as non-independent directors, while Han Lu, Li Wei, and Wang Pengcheng were elected as independent directors, indicating a significant reshuffling of the company's leadership.