Royal Group shareholders approve governance revisions, reappoint auditor

Royal Group held its third extraordinary general meeting of 2025 on October 16, 2025, in Nanning, Guangxi. The meeting, presided over by vice chairman He Haiyan, saw the approval of all proposed resolutions, including revisions to the company's articles of association and governance policies, and the reappointment of the auditing firm for 2025. Total attendance, combining on-site and online voting, represented 26.9592% of the company’s voting shares, or 224,409,187 shares.

The resolutions passed included amending the Articles of Association, Shareholder Meeting Rules, Board Meeting Rules, Independent Director System, Connected Transaction Decision-making System, External Guarantee Management System, External Investment Management System, and the Fund Management Measures for Raised Funds. The re-engagement of the 2025 annual auditing firm was also approved. Key resolutions, such as the Articles of Association revisions, required and received over two-thirds approval from attending shareholders.

Kangda Law Firm, represented by Zhao Daquan and Zhang Caodong, confirmed that the meeting's convening and procedures complied with relevant laws and regulations, including the Company Law and the Shenzhen Stock Exchange listing rules, validating the legality and effectiveness of the resolutions passed.