Crystal-Optech shareholders approve revised 2025 executive compensation plan

Zhejiang Crystal-Optech Co., Ltd. held its Fourth Extraordinary General Meeting of Shareholders for 2025 on September 16, 2025, where shareholders approved the "Proposal on Adjusting the 2025 Director Compensation Plan." The meeting saw 1,153 shareholders and representatives attend, representing 300,962,044 shares, or 21.87% of the total voting shares.

The resolution received overwhelming support, with 294,020,304 votes in favor (97.69% of attending shares), 688,106 votes against (0.23%), and 6,253,634 abstentions (2.08%). Independent investors (excluding directors, executives, and shareholders with over 5% stake) also approved the proposal, with 96,282,240 votes in favor (93.28%), 688,106 votes against (0.67%), and 6,253,634 abstentions (6.06%).

The company confirmed that no proposals were rejected, added, or amended, and no previously passed resolutions were altered. Shanghai King & Wood Mallesons law firm affirmed that the meeting's convening, procedures, and resolutions complied with relevant laws and regulations.