Zheshang Securities shareholders approve governance changes, new auditor

Zheshang Securities Company Limited held its second extraordinary general meeting of shareholders for 2025 on September 17, 2025, with 1,260 shareholders and proxies representing 50.6876% of voting shares in attendance. The meeting, presided over by chairman Wu Chenggen, took place at the company's Hangzhou offices and featured on-site and online voting.

All 12 proposed resolutions were passed, notably including the cancellation of the company's Supervisory Committee and revisions to the company's Articles of Association. Other approved changes involved amendments to the Rules of Procedure for the General Meeting of Shareholders, Board of Directors Meetings, Audit Committee, Nomination and Remuneration Committee, Compliance and Risk Control Committee, and Strategic Development and ESG Committee.

The meeting also saw the revision of the Independent Directors' Work System, External Guarantee Management System, and Connected Transaction Management System. Furthermore, shareholders approved the appointment of Tianjian Certified Public Accountants as the company's auditor for 2025. The Beijing Jiayuan Law Firm confirmed the meeting's compliance with relevant laws and regulations.