Lanzhou Zhuangyuan shareholders approve key proposals, finalize fundraising project

Lanzhou Zhuangyuan Pasture Company Limited held its first extraordinary general meeting of shareholders for 2025 on September 26, 2025. The meeting saw 76 shareholders and proxies, representing 54.4840% of the company's voting shares, in attendance and adopted all proposals.

A key resolution passed was "About the conclusion of the 2020 non-public issuance of A-share fundraising project and the permanent replenishment of working capital with surplus raised funds," which received 99.9909% approval from A-share shareholders. Additionally, shareholders approved the "About the election of non-independent directors for the fifth board of directors of the company" with 99.9899% of A-share votes.

Further resolutions included revisions to several company policies: the "Independent Director Work System," "External Donation Management Measures," "External Guarantee Management System," "Connected Transaction Management System," "Raised Funds Use Management System," "Prevention of Major Shareholder and Related Party Occupancy of Company Funds Management System," and "Accounting Firm Selection System." All these revisions were approved with overwhelming support.