Chongqing Department Store shareholders approve governance document revisions

Chongqing Department Store Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on September 30, 2025, where all proposed resolutions were passed. The meeting, convened by the company's board of directors and chaired by Mr. Zhang Wenzhong, involved 354 shareholders and proxies representing 280,473,767 shares, totaling 63.6752% of the company's voting shares.

Shareholders approved three key proposals. The "Resolution on Revising the Articles of Association" was passed with 99.9400% of votes in favor, 0.0453% against, and 0.0147% abstaining. This resolution required a special majority of over two-thirds of the voting rights present.

Additionally, the "Resolution on Revising the Rules of Procedure for General Meetings of Shareholders" and the "Resolution on Revising the Rules of Procedure for Board Meetings" were both passed as ordinary resolutions, requiring over half of the voting rights present. The former saw 98.2402% in favor, 1.7450% against, and 0.0148% abstaining, while the latter received 98.2399% in favor, 1.7452% against, and 0.0149% abstaining.