Shandong Zhonglu shareholders approve governance changes, auditor reappointment

Shandong Zhonglu Oceanic Fisheries Company Limited held its first extraordinary general meeting of shareholders for 2025 on November 20, 2025. Shareholders approved all proposed resolutions, with no proposals rejected. The meeting saw 126,727,770 shares, representing 47.6292% of voting rights, participate.

Key resolutions passed included amendments to the "Articles of Association," "Rules of Procedure for Shareholder Meetings," and "Rules of Procedure for Board Meetings." These proposals garnered significant support, with 99.9242% of participating shares voting in favor of each, demonstrating strong shareholder consensus on the proposed governance updates.

Additionally, shareholders approved the reappointment of the company's auditing institution. This resolution also passed with 99.9242% of votes in favor. The meeting's legality and compliance with relevant regulations were confirmed by Beijing Junzhi Law Firm.