Conch Profiles approves 2025 related-party transaction limits

Conch Profiles And Science (SZSE:000619) announced the resolutions passed at its first extraordinary general meeting of shareholders for 2025. A total of 370 shareholders and proxies, representing 378 shareholder accounts and 2.0565% of voting shares, participated via on-site and online voting. Key resolution was the approval of the company's proposed limits on routine related-party transactions for fiscal year 2025. Shareholders owning more than 5% shares abstained. The proposal passed with 78.4153% in favor, 19.3285% against and 2.2562% abstained. The meeting, held on February 12, 2025, was deemed legally compliant by legal counsel from Beijing JingTian & GongCheng Law Firm.