Anhui Xinhua Media shareholders approve governance, operational revisions

Anhui Xinhua Media Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on September 16, 2025. A total of 171 shareholders and proxies attended, representing 1,546,272,172 voting shares, or 78.9747% of the company's total voting shares. All nine proposed resolutions were approved, including the cancellation of the supervisory board and revisions to the articles of association. Updates to rules governing shareholder meetings, board meetings, independent directors, fundraising management, and related party transactions were also approved.

The resolution regarding the cancellation of the supervisory board and amendments to the articles of association, which required a special majority, passed with 1,540,973,390 votes in favor (99.6573%), 5,252,282 against (0.3396%), and 46,500 abstentions (0.0031%). Other approved resolutions included revisions to the profit distribution management system and the remuneration management system for directors and senior management, along with the reappointment of the accounting firm.

The meeting confirmed Anhui Xinhua Media's commitment to streamlining its governance structure and updating its operational frameworks. The board meeting was convened by the company's board of directors, chaired by Mr. Zhang Kewen, and the proceedings were validated by Anhui Chengyi Law Firm, ensuring compliance with relevant laws and regulations.