TBEA shareholders elect new non-independent director at extraordinary meeting

TBEA Co., Ltd. announced the results of its fifth extraordinary general meeting of shareholders in 2025, held on December 10, 2025, in Changji City, Xinjiang. The meeting, presided over by chairman Zhang Xin, saw 5,762 shareholders and proxies in attendance, representing 1,272,483,243 voting shares, or 25.3470% of the company's total voting shares.

The primary agenda item, "Proposal on Electing a Non-Independent Director for the Eleventh Session of the Board of Directors," was successfully passed. The proposal received 1,259,064,986 votes in favor (98.9455%), 11,398,393 votes against (0.8957%), and 2,019,864 abstentions (0.1588%). Among shareholders holding less than 5% of shares, the resolution passed with 347,571,686 votes in favor (96.2829%).

The meeting's procedures, convener qualifications, attendee qualifications, voting methods, and results were confirmed to be in compliance with relevant laws and company articles by Xinjiang Tianyang Law Firm. Eight out of ten directors and three out of five supervisors attended the meeting.