China Avionics Systems shareholders approve key resolutions at EGM

China Avionics Systems held its fourth extraordinary general meeting of shareholders on October 17, 2025, in Beijing. The meeting saw significant participation with 1,786 shareholders and their proxies attending, representing 2,751,971,809 voting shares, or 56.8718% of the company's total voting stock. All resolutions presented for deliberation were passed without objection from the company's board, including the appointment of a new non-independent director, with 99.8076% of votes in favor.

Key resolutions approved included revisions to the company’s "External Guarantees Management Measures," "Connected Transactions Management Measures," and "Fundraising Management Measures." The proposed amendments to the External Guarantees Management Measures received 99.7341% approval, while changes to the Connected Transactions Management Measures garnered 99.7474% in favor. The revisions to the Fundraising Management Measures were also approved with 99.7568% of votes.

The meeting was convened by the company's board of directors and presided over by chairman Hu Linping. The voting process, which combined onsite and online methods, adhered to all relevant laws and regulations. Beijing Jia Yuan Law Firm, represented by attorneys Huang Na and Wang Xiushuan, confirmed that the meeting's procedures and resolutions were legally valid and effective.