Yunnan Baiyao shareholders approve audit firm change and special dividend

Yunnan Baiyao Group Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on September 15, 2025. The meeting saw 1,432 shareholders attend, representing 62.9582% of the total voting shares. Convened by the tenth board of directors and chaired by party secretary and chairman Zhang Xuewen, the meeting was conducted through a combination of on-site and online voting.

Shareholders approved "Proposal 1.00: On the Change of the Company's 2025 Audit Institution (including internal control audit)" with 99.9189% of valid voting shares. Additionally, "Proposal 2.00: On the 2025 Special Dividend Plan" also passed, receiving 99.9840% of valid voting shares. Both proposals were passed without any rejections.

Beijing Deheng (Kunming) Law Firm, represented by lawyers Wu Zhixu and Yang Jiequn, confirmed that the shareholder meeting, including its convening, holding, attendance, voting procedures, and results, complied with relevant laws, regulations, and the company's articles of association, validating all resolutions passed.