Yongxing Special Materials shareholders approve related party guarantees for participating company

Yongxing Special Materials Technology Co. (SZSE:002756) announced resolutions from its third extraordinary general meeting of shareholders held on November 19, 2025. The meeting, which combined on-site and online voting, saw 363 shareholders and proxies representing 256,256,640 voting shares, or 48.3623% of the company's total voting shares.

The key agenda item, "Proposal on providing guarantees for participating companies and related party transactions," passed with significant approval. A total of 62,811,467 shares voted in favor, representing 98.7921% of the total voting shares present. There were 708,037 dissenting votes (1.1136%) and 59,930 abstentions (0.0943%). Related party shareholders Gao Xingjiang and Yao Guohua abstained from voting on this proposal.

For small and medium shareholders, the resolution also passed overwhelmingly, with 61,652,687 shares (98.7697%) in favor, 708,037 shares (1.1343%) against, and 59,930 shares (0.0960%) abstaining. The meeting procedures and resolutions were verified by Shanghai Tongli Law Firm, confirming compliance with relevant laws and company articles of association.