New Hope Liuhe shareholders approve key governance revisions

New Hope Liuhe Co., Ltd. held its third extraordinary general meeting of shareholders for 2025 on December 26, 2025. The meeting saw 869 shareholders, representing 2,535,580,870 shares, or 56.3132% of the total voting shares, participate through a combination of on-site attendance and online voting. All resolutions presented were passed without any rejections, affirming strong shareholder support.

Key proposals approved included revisions to the "Articles of Association," the "Rules of Procedure for Shareholder Meetings," and the "Rules of Procedure for Board Meetings." The amendment to the "Articles of Association" was approved with 2,532,445,713 votes in favor (99.8764%), 2,837,457 votes against (0.1119%), and 297,700 abstentions (0.0117%). This, along with other special resolutions, received over two-thirds approval from attending shareholders.

Additionally, the proposal to revise the "External Guarantee Management System" was passed with 2,479,912,353 votes in favor (97.8045%), 55,472,115 votes against (2.1877%), and 196,402 abstentions (0.0077%). Legal representatives from Beijing Zhonglun (Chengdu) Law Firm confirmed that the meeting's procedures and resolutions comply with relevant laws and regulations, making the resolutions legally effective.