China Software shareholders approve auditor, divestment, and donation at EGM

China National Software & Service held its fourth extraordinary general meeting of shareholders on December 5, 2025, approving all three proposed resolutions. The meeting, convened by the board of directors and chaired by chairman Chen Zhihua, saw 1,361 shareholders representing 411,509,024 voting shares, or 44.0688% of the company's total voting shares.

Key resolutions included the appointment of the 2025 audit firm, which passed with 99.7587% of votes in favor. Shareholders also approved the joint capital reduction with affiliates to exit Logistics Science and Technology, with 92.6270% of votes in favor. Related parties, including China Electronics Corporation, China Electronics Co., Ltd., and CEC Golden Investment Holdings Co., Ltd., abstained from voting on this resolution.

Finally, the proposal for subsidiary Kylinsoft to make an external donation was passed with 99.6335% of votes in favor. Beijing King & Wood Mallesons Law Firm provided a legal opinion, confirming the meeting's compliance with relevant laws and the company's articles of association.