China Automotive Research shareholders approve key resolutions

China Automotive Engineering Research Institute Co., Ltd. (China Automotive Research) held its Second Extraordinary General Meeting of Shareholders in 2025 on September 12, 2025. The meeting, chaired by chairman Zhou Yulin, saw a significant turnout with 283 shareholders and proxies representing 70.9334% of the total voting shares. All resolutions presented at the meeting were passed without any rejections, confirming strong shareholder consensus.

Key resolutions approved included the election of new board members, the re-appointment of the auditing services institution for 2025, and the ratification of the 2024 remuneration packages for directors and supervisors. Specifically, the resolution for new board member appointments garnered 99.8693% of votes, while the re-appointment of the auditing firm received 99.9041% approval. The 2024 remuneration plan for directors and supervisors was approved with 99.8339% of votes.

For significant matters, smaller shareholders (holding less than 5% of shares) also showed strong support, with the new director election receiving 98.9272% approval from this group. The re-appointment of the 2025 audit firm and the 2024 remuneration plan for directors and supervisors garnered 99.2128% and 98.6364% approval from these shareholders, respectively. The meeting procedures and resolutions were confirmed as legitimate and effective by legal counsel from Beijing Jiayuan Law Firm.