Kaichuang International shareholders approve key governance rule amendments

Shanghai Kaichuang Marine International (SSE:600097) held its first extraordinary general meeting of shareholders in 2025 on September 16, 2025, where shareholders approved several significant governance amendments. The meeting, convened by the company's board of directors, saw 94 shareholders and proxies representing 110,167,632 shares, or 45.7247% of total voting shares, participate in both in-person and online voting.

Three special resolutions were passed, including revisions to the "Articles of Association," "Rules of Procedure for the General Meeting of Shareholders," and "Rules of Procedure for the Board of Directors." Each resolution garnered over 98% approval from total voting shares, with specific tallies for the "Articles of Association" amendment at 108,729,700 shares in favor, 1,278,801 against, and 159,131 abstentions.

Shanghai Orient Huayin Law Firm confirmed that the meeting's convocation, procedures, attendees' qualifications, and voting processes complied with relevant laws and the company's articles of association, deeming all resolutions legally valid.