Weixing New Building Materials shareholders approve key resolutions at EGM
Zhejiang Weixing New Building Materials Company Limited held its 2025 first extraordinary general meeting of shareholders on October 16, 2025, where all proposals were approved. A total of 397 shareholders, representing 1,055,318,233 shares or 67.1378% of the company's voting shares, participated. This percentage is based on the 1,571,867,988 total voting shares as of the equity registration date.
The meeting saw the approval of several key resolutions. The "Company's 2025 Half-Year Profit Distribution Plan" was passed with 99.9759% of votes in favor. Amendments to the "Company's Independent Director Work System" received 99.9766% approval, while revisions to the "Company's Fundraising Management Measures" were approved by 99.9727% of voters.
Further approved were amendments to the "Company's External Investment Management System" with 99.9720% support, and the "Company's Financing Management System" with 99.9723%. Lastly, revisions to the "Company's Cumulative Voting System Implementation Rules" garnered 99.9764% approval. Beijing Jindu (Hangzhou) Law Firm confirmed that the meeting's convening and voting procedures complied with relevant laws and regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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