Biem Garment shareholders approve 2025 Q3 profit distribution

Biem.L.Fdlkk Garment convened its third extraordinary general meeting of shareholders on December 18, 2025, where all proposed resolutions were passed. A key resolution approved was the profit distribution plan for the first three quarters of 2025, with 99.2826% of attending shareholders voting in favor. The meeting, overseen by chairman Xie Bingzheng, also saw the attendance of senior management and legal counsel, affirming its compliance with regulatory standards.

The company further announced its forecast for routine related-party transactions in 2026, which were reviewed and approved by the board of directors on the same day. These transactions primarily involve the purchase of raw materials and goods from Guangzhou Yixiang Garment Co., Ltd., and the sale of goods to Honghe Gejiu Xuecheng Garment Co., Ltd. The estimated transaction amounts for 2026 are 8,000,000 yuan for purchases and 1,600,000 yuan for sales, based on market pricing principles.

Independent directors have confirmed that these related-party transactions are for normal business operations, priced fairly, and do not compromise the company's independence or the interests of its shareholders. The actual transactions for January to November 2025 reflect an ongoing relationship, with 4,942,750 yuan in purchases and 1,282,530 yuan in sales.