CNFC Overseas Fisheries shareholders approve governance changes, auditor reappointment

CNFC Overseas Fisheries held its 2025 First Extraordinary General Meeting of Shareholders on November 11, 2025, which saw the approval of two key proposals. Shareholders voted to abolish the supervisory board and revise the company's articles of association, with 99.8802% of votes in favor. This decision reflects a significant shift in the company's governance structure.

Additionally, the proposal to re-engage the auditing firm for 2025 was passed with strong support, receiving 99.8586% of affirmative votes. The meeting, attended by 113 shareholders representing 211,647,316 shares, or 57.8495% of total voting shares, was conducted through a combination of on-site and online voting methods.

A legal opinion issued by Beijing Jiayuan Law Firm confirmed that the meeting's procedures complied with the Company Law and the company's Articles of Association, deeming the resolutions legally effective.