China Merchants Property shareholders approve charter amendments at extraordinary meeting

China Merchants Property Operation & Service Co., Ltd. held its third extraordinary general meeting in 2025 on October 21, 2025. Shareholders approved key amendments to the company's articles of association and rules of procedure for both general and board meetings. The meeting, which combined on-site and online voting, saw 152 shareholders, representing 713,446,148 shares or 67.3749% of the total voting shares, participate.

The proposal to revise the company's articles of association was overwhelmingly approved with 701,416,242 votes (98.3138%) in favor, 11,913,506 votes (1.6699%) against, and 116,400 votes (0.0163%) abstained. Similarly, the revisions to the rules of procedure for general and board meetings also received strong shareholder support, passing with 99.4696% and 99.4696% of votes in favor, respectively.

All resolutions presented were passed, indicating a consensus among shareholders regarding the proposed changes. The company's total share capital eligible for voting at the meeting was 1,058,920,260 shares. Legal counsel from Beijing Zhonglun (Shenzhen) Law Firm confirmed that the meeting's procedures and resolutions were legally valid and effective.