Ninestar shareholders approve guarantees for subsidiaries

Ninestar Corporation announced the resolutions from its third extraordinary general meeting of shareholders for 2025, held on December 17, 2025. Shareholders approved two key proposals, both involving credit guarantees for wholly-owned subsidiaries. The meeting saw a total of 752 attendees, representing 611,661,044 shares, which constitutes 43.4545% of the company's total shares. Both resolutions passed with overwhelming support.

The first resolution, regarding credit guarantee limits for a wholly-owned subsidiary of a controlling subsidiary, was approved with 609,457,323 votes in favor (99.6397%). Only 2,107,221 votes were against, and 96,500 shares abstained. The second resolution, forecasting guarantee limits for 2026 for a wholly-owned subsidiary, also passed with 609,451,923 votes in favor (99.6388%). This resolution saw 2,114,921 votes against and 94,200 abstentions.

Both resolutions were considered special resolutions and required approval by more than two-thirds of the voting rights held by shareholders present.