Royal Group approves director appointments, guarantee proposal

Royal Group (SZSE:002329) announced the results of its first extraordinary general meeting of shareholders for 2025, held on February 24. Shareholders approved the election of six non-independent directors, including Huang Jiadi, He Haiyan, and Wang Hefei, and three independent directors: Zhou Bailing, Xu Chunming, and Chen Liang, each receiving over 98% of the vote. Additionally, the assembly approved the nominations of Shi Aiping and Huang Shengqun as shareholder representative supervisors. The assembly also approved a measure to increase its total guarantee, and one to grant a guarantee for a Village Collective Economic Cooperative.