Visual China Group shareholders approve board and governance reforms

Visual China Group (SZSE:000681) held its first extraordinary general meeting of shareholders for 2025 on September 24. Shareholders approved several key resolutions at the meeting, which was convened by the board of directors. A total of 952 shareholders, representing 31.0090% of the total voting shares, participated in both on-site and online voting. All proposed resolutions passed without rejections.

A significant outcome was the approval of the "Proposal on Adjusting the Number of Members of the Company's Board of Directors," which received 99.7043% of votes in favor. Additionally, revisions to the "Articles of Association" were passed with 99.7046% support, and updates to the "Rules of Procedure for the Board of Directors" garnered 99.7056% of affirmative votes.

Further strengthening corporate governance, the "Proposal on Revising the Management Measures for Raised Funds" was also approved, securing 97.9356% of votes in favor. These resolutions, categorized as special resolutions, received the approval of more than two-thirds of the valid voting shares held by attending shareholders or their proxies.