Maiquer Group shareholders approve governance restructuring, policy updates

Maiquer Group (SZSE:002719) held its Third Extraordinary General Meeting of Shareholders in 2025 on October 27, 2025, with shareholders approving all ten proposed resolutions. The meeting, convened by the board of directors and chaired by Li Yong, saw 75 shareholders, representing 24.6403% of the company's total share capital (42,908,412 shares), participating. Notably, 68 small and medium investors participated, representing 0.1194% of the total share capital (207,880 shares).

Key approvals included revising the articles of association and abolishing the board of supervisors, which passed with 99.8788% of votes in favor. Additionally, multiple governance policy revisions were approved. These included updates to the rules of procedure for the general meeting of shareholders, rules of procedure for the board of directors, independent director work system, external guarantee management system, connected transaction management system, fundraising management system, regulations on trading company shares by directors, supervisors, and senior management, major investment decision-making system, and external financial assistance management system.

All ten resolutions, including those requiring special majority votes, were passed with overwhelming support from shareholders, demonstrating a clear mandate for Maiquer Group's proposed governance and operational adjustments. A law firm confirmed that the meeting's convening and resolution procedures complied with relevant laws and the company's articles of association.