Xinjiang Sayram Modern Agriculture shareholders approve derivatives, guarantee adjustments

Xinjiang Sayram Modern Agriculture Co., Ltd. held its fifth extraordinary general meeting of shareholders for 2025 on November 10, 2025, at the company's premises in the Shuanghe City Economic Development Zone, Xinjiang. The meeting, convened by the company's eighth board of directors, addressed two critical proposals: the company's subsidiaries engaging in futures and options hedging, and the adjustment of the 2025 annual guarantee limits for its subsidiaries.

Both proposals were approved. The hedging proposal received 99.7797% of votes in favor (115,519,570 shares) and the guarantee adjustment proposal received 99.7291% in favor (115,460,970 shares). A total of 193 shareholders and proxies participated, representing 115,774,574 shares, or 19.9138% of the company's total share capital. Voting was conducted through a combination of on-site and online methods via the Shanghai Stock Exchange network voting system.

Xinjiang Tianyang Law Firm, represented by attorneys Chang Nana and Li Kedi, provided a legal opinion confirming that the meeting’s convening, procedures, and resolutions complied with relevant laws and the company's articles of association, thus rendering the proceedings lawful and valid.