East Group shareholders approve financing guarantees, reappoint auditor

East Group Co., Ltd. held its first extraordinary general meeting of shareholders in 2025 on September 16, 2025, where two key resolutions were passed. Shareholders approved the proposal for wholly-owned subsidiaries to engage in financing activities and provide guarantees, with 99.5207% of votes in favor. The second resolution, concerning the reappointment of the audit firm for 2025, also passed with 99.6502% of votes in favor.

The meeting, convened by the company's seventh board of directors, combined a physical session in Dongguan, Guangdong, with online voting through the Shenzhen Stock Exchange trading and internet voting systems. A total of 528 shareholders and their proxies participated, representing 26.4630% of the company's voting shares.

Shanghai Allbright Law Offices (Shenzhen) provided a legal opinion, confirming that the meeting's convening, procedures, attendee qualifications, and voting processes complied with relevant laws, regulations, and the company's articles of association, ensuring the legality and validity of the resolutions passed.