Zhangzidao Group shareholders approve key resolutions

Zhangzidao Group announced the successful passing of all resolutions at its third extraordinary general meeting of shareholders for 2025, held on November 14. A total of 122 shareholders, representing 43.2461% of the company's total share capital, participated in the meeting through both in-person attendance and online voting.

Key resolutions approved included the reappointment of the auditor, which passed with 99.8471% of votes in favor. The proposal for a capital reduction of a wholly-owned subsidiary also received strong support, with 99.8835% of votes in favor. Furthermore, the resolution concerning indirect controlling shareholders providing guarantees and the company providing counter-guarantees, a related party transaction, was approved with 99.5491% of votes in favor, after relevant related shareholders abstained from voting.

The meeting confirmed that no resolutions were rejected and no previously passed resolutions were altered.