Hainan Shennong shareholders approve equity issuance and dividend plan

Hainan Shennong Technology Co., Ltd. (SZSE:300189) announced the resolutions passed at its first extraordinary general meeting of shareholders in 2025, held on June 27, 2025. The meeting, conducted through a combination of on-site and online voting, saw the participation of shareholders representing 197,715,695 shares, or 19.3082% of the company's total voting shares. Key resolutions approved include those related to the proposed simplified procedure for issuing shares to specific targets and the shareholders' return plan for the next three years (2025-2027). Specifically, 98.5523% approved the equity issuance motion with 98.8079% endorsing the shareholder return plan. The meeting was legally validated by lawyers from Grandall Law Firm (Shanghai).