Yahua Group shareholders back business, governance reforms

Sichuan Yahua Industrial Group held its second extraordinary general meeting of shareholders for 2025 on September 4, 2025. The meeting saw 821 shareholders and proxies representing 240,792,306 shares, or 21.0609% of eligible voting shares, participate through a combination of on-site and online voting. All proposed resolutions were passed without rejections.

Among the approved resolutions was the adjustment of transaction limits for futures, options, and foreign exchange hedging businesses, which passed with 99.1687% of votes in favor. Shareholders also approved revisions to several key internal policies, including the "Company Articles of Association," "Rules of Procedure for Shareholder Meetings," "Rules of Procedure for Board Meetings," "Management Measures for Raised Funds," "Management System for Connected Transactions," and "Selection System for Accounting Firms." These governance updates each received over 97% approval.

Furthermore, a critical resolution to revise the "Yahua Group Subsidiary Employee Stock Ownership Management Measures" and adjust the performance assessment indicators for the company's 2025 employee stock ownership plan was also passed. This received 96.8099% approval, demonstrating shareholder confidence in the company's incentive structures.