Zhangzidao Group shareholders approve pre-emptive rights waiver, sea area transfer

Zhangzidao Group held its fourth extraordinary general meeting of shareholders for 2025 on December 22, 2025, where two key proposals were passed. The "Proposal on Waiving the Right of First Refusal for an Investee Company" received overwhelming approval with 308,143,976 votes (99.6339% of voting shares).

Additionally, the "Proposal on Transferring Part of the Sea Area Usage Rights and Related Transactions" was approved, with 148,406,676 votes (99.3968% of voting shares) in favor. This resolution was a related party transaction, with relevant shareholders Dalian Salt Chemical Group Co., Ltd. and Dalian State-owned Capital Management and Operation Co., Ltd. recusing themselves from the vote.

The meeting, which saw 271 shareholders and representatives participate, representing 309,276,176 shares or 43.4919% of the total share capital, was conducted through both on-site attendance and online voting. vice chairman Zhan Chengmin presided over the meeting in the absence of chairman Liu Dewei.