Jiangxi Zhengbang Technology shareholders approve governance reforms, related-party forecast

Jiangxi Zhengbang Technology Co., Ltd. (SZSE:002157) convened its second extraordinary general meeting of shareholders in 2025, approving several key proposals, including a forecast for related-party transactions and amendments to governance documents. The meeting, held on September 15, 2025, involved both in-person and online voting, with 906 shareholders or their proxies participating, representing 23.5417% of total voting shares. Notably, an associated party, Jiangxi Shuangbaotai Agriculture Co., Ltd., abstained from voting on the related-party transaction proposal, in accordance with Shenzhen Stock Exchange regulations.

Shareholders approved the 2025 forecast for daily related-party transactions, with 99.3736% of non-associated votes in favor. They also approved the re-engagement of the auditing firm with 99.6798% of votes. Additionally, crucial revisions to the company's articles of association and rules governing board and shareholder meetings, independent director operations, executive compensation, external guarantees, and fundraising management were all passed with over 98% of total votes.

The company's board of directors held its sixth interim meeting of the eighth session on September 15, 2025, prior to the general meeting. All six directors unanimously approved revisions to various internal control documents, including the audit, strategy, nomination, and remuneration committee work rules, as well as policies on investor relations, annual report information disclosure, insider information, and information disclosure management.