Advanced Technology & Materials shareholders approve auditor reappointment, share buyback

Advanced Technology & Materials Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on November 14, 2025. The meeting, which combined in-person and online voting, saw 1,663 shareholders representing 374,082,984 shares, or 35.6026% of total voting shares, participate. All proposals were approved.

Shareholders overwhelmingly approved the reappointment of financial and internal control audit institutions for 2025. This resolution garnered 99.7001% of the valid votes, with 372,961,284 shares in favor, 0.2267% (848,000 shares) against, and 0.0732% (273,700 shares) abstaining. Small and medium shareholders also largely supported the proposal, with 88.4554% in favor.

The resolution concerning the repurchase and cancellation of restricted shares under the company's incentive plan's second grant was passed as a special resolution, requiring a two-thirds majority. It received 99.7745% of valid votes (373,239,484 shares), with 0.1507% (563,700 shares) against, and 0.0748% (279,800 shares) abstaining. The company's board of directors, along with legal counsel from Beijing Hairun Tianrui Law Firm, confirmed the meeting's compliance with relevant laws and regulations.