Shanghai Foreign Service Holdings shareholders approve key governance changes

Shanghai Foreign Service Holdings Group Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on September 11, 2025. A total of 234 shareholders and proxies, representing 1,656,193,539 shares or 72.5288% of the total voting shares, participated. All proposed resolutions were passed without dissent.

The meeting approved three special resolutions and one ordinary resolution. The first resolution, concerning the cancellation of the supervisory board, alteration of the company's domicile, and amendment of the articles of association, passed with 98.7417% of votes in favor. The second resolution, revising the rules of procedure for shareholder meetings, also passed with significant support (98.7461%).

Further, the third resolution, amending the rules of procedure for board meetings, received 98.7393% of the votes in favor. The fourth resolution, a regular resolution to revise the "Measures for the Management of Raised Funds," passed with 98.7459% of votes. The meeting's procedures and results were confirmed as legal and effective by Beijing Global Law Firm's Shanghai branch.