Zhengbang Tech shareholders approve related-party transaction

Jiangxi Zhengbang Technology (SZSE:002157) announced the resolutions passed at its first extraordinary general meeting of shareholders in 2025. A key item on the agenda was the approval of a proposed lease framework agreement constituting a related-party transaction. Shareholders holding 630,229,256 shares voted in favor, representing 98.9236% of the voting shares present. Those opposing held 5,751,448 shares (0.9028%), and abstentions accounted for 1,105,926 shares (0.1736%). Related party Jiangxi Shuangbao Agriculture abstained from voting, holding 1,400,000,000 shares. The meeting, held through a combination of on-site and online voting, was attended by shareholders and authorized representatives holding a total of 2,037,086,630 shares, representing 25.0992% of the company's total voting shares. The company's board of directors and legal counsel affirmed the meeting's compliance with relevant laws and regulations.