Venustech shareholders approve 2026 related-party transactions

Venustech Group held its Fourth Extraordinary General Meeting of Shareholders in 2025 on December 12, 2025, to deliberate on the 2026 annual related-party transactions forecast. The meeting, which combined on-site voting with online polling, saw the approval of the "Proposal on the Estimated Daily Related-Party Transactions for 2026."

A total of 857 shareholders or their proxies participated, representing 176,543,000 voting shares. This figure excludes 87,247,953 shares voluntarily waived by Ms. Wang Jia and 18,874,390 shares waived by Mr. Yan Li, collectively accounting for 14.5735% of the company's total shares. The resolution passed with 168,744,481 votes in favor (95.5827%), 7,177,919 votes against (4.0658%), and 620,600 abstentions (0.3515%) from non-affiliated shareholders.

The related-party transaction involved China Mobile Capital Holding Co., Ltd., which recused itself from voting, with 283,109,667 shares being excluded from the count due to the conflict of interest. The legal opinion issued by Beijing Jincheng Tongda Law Firm confirmed that the meeting's convening, procedures, and voting results adhered to relevant laws, regulations, and the company's articles of association.