Bohui Paper shareholders greenlight new employee stock ownership plans

Shandong Bohui Paper Industrial Co., Ltd. announced that all resolutions presented at its first extraordinary general meeting of shareholders in 2025, held on September 1, 2025, were passed. The meeting, which took place in Zibo City, saw 308 shareholders and proxies attend, representing 46.6876% of the company’s total voting shares.

Key approvals included the "Navigator Employee Stock Ownership Plan" and the "Fighter Employee Stock Ownership Plan," along with their respective management methods and resolutions authorizing the board of directors to handle related matters. The "Navigator Employee Stock Ownership Plan (Draft)" received 80.3530% of votes in favor, with 19.4266% against and 0.2204% abstaining. Similarly, the "Fighter Employee Stock Ownership Plan (Draft)" was approved with 80.2503% in favor, 19.4514% against, and 0.2983% abstaining.

Related parties, including Shandong Bohui Group Co., Ltd., Ningbo Jinyuanyuan Paper Industry Co., Ltd., and Asia Pulp & Paper (China) Investment Co., Ltd., abstained from voting on these resolutions.