Zhaowei Machinery & Electronic shareholders approve key proposals

Shenzhen Zhaowei Machinery & Electronic Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on December 26, 2025. The meeting, with 322 attendees representing 65.3213% of total voting shares, approved all proposals without any rejections or changes.

Key resolutions passed include: approval for applying for bank credit lines and corresponding authorization, with 99.9482% of votes in favor; approval of the 2026 annual external guarantee limit, with 99.9187% in favor; and approval for using proprietary funds for entrusted wealth management, which garnered 99.6372% of votes.

Additionally, the proposal to insure directors, senior management, and prospectus liability received strong support, with 99.6338% of votes in favor. The meeting confirmed its compliance with relevant laws and regulations, with legal opinions affirming the validity of the resolutions.