Changzhou Xingyu shareholders approve 2025 half-year profit distribution, governance changes

Changzhou Xingyu Automotive Lighting Systems Company Limited held its first extraordinary general meeting of shareholders for 2025 on September 19, 2025, with 63.4595% of total voting shares represented by 316 shareholders and proxies. All fourteen proposals presented at the meeting were passed, indicating strong shareholder confidence in the company's strategic direction.

Key resolutions approved include the 2025 half-year profit distribution plan, which saw 99.9751% approval, and the proposal to conduct bill pool business, which passed with 93.5871% in favor. Additionally, the annual remuneration plan for directors, supervisors, and senior management, as well as the independent directors' annual subsidy, received substantial support.

Significant revisions to corporate governance documents were also approved. Proposals to amend the articles of association and rules governing shareholder, board, and supervisory committee meetings, along with the independent director system, all passed with high approval rates, reflecting the company's commitment to modernizing its governance framework.