C&S Paper shareholders approve all proposals at EGM, including 3-year return plan

C&S Paper Co., Ltd. held its second extraordinary general meeting of shareholders for 2025 on November 13, 2025, where all proposals were passed without objection. A total of 345 shareholders and proxies, representing 51.7462% of voting shares, participated in the meeting.

Key resolutions approved included the re-engagement of the accounting firm, the "Shareholder Return Plan for the Next Three Years (2026-2028)," and revisions to the company's articles of association and governance rules. The re-engagement of the accounting firm received 99.7084% approval, while the shareholder return plan passed with 99.7715% of votes in favor. Amendments to the "Articles of Association" were approved by 99.7565% of votes.

Other significant approvals involved the revision of the "Rules of Procedure for the General Meeting of Shareholders" (98.2628%), "Rules of Procedure for the Board of Directors" (98.0936%), and updates to various internal control documents. Shareholders also approved the company's application for a comprehensive credit line from banks for 2026 (99.8169%), provision of guarantees to subsidiaries (99.0881%), and engagement in foreign exchange derivative hedging activities (99.8460%) for the same year. Gao Bo and Liang Ge Yu were elected as non-independent directors to the sixth board of directors.