GuoTong(SZ:002205) Zheng Quan Zhi Xing·2025-05-20 13:37Core Viewpoint - The legal opinion letter confirms that the 2024 annual general meeting of Xinjiang Guotong Pipeline Co., Ltd. was convened and conducted in accordance with relevant laws and regulations, ensuring the legitimacy of the meeting and its resolutions [10]. Group 1: Meeting Procedures - The board of directors announced the meeting on April 29, 2025, detailing the time, location, and agenda [2][3]. - The meeting was held on May 20, 2025, in Urumqi, Xinjiang, with both in-person and online voting options available [3][4]. - The legal opinion confirms that the meeting's convening and conducting procedures comply with legal and regulatory requirements [6]. Group 2: Attendance and Voting - A total of 3 shareholders and their proxies attended the meeting in person, representing 57,430,976 shares, which is 30.9029% of the total share capital [4]. - Additionally, 96 shareholders participated in online voting, representing 28,340,374 shares, or 15.2496% of the total share capital [4]. - The qualifications of all attendees were verified and found to be in accordance with the relevant laws and company regulations [4][5]. Group 3: Resolutions Passed - The meeting reviewed and passed several key resolutions, including the 2024 annual reports and financial statements, with significant support from shareholders [5][6]. - Specific resolutions included the approval of the 2024 profit distribution plan and the 2025 financial budget, among others [5][6]. - Notably, two resolutions related to expected daily related party transactions and signing financial service agreements were not passed [7][9]. Group 4: Voting Results - The voting results showed strong support for most resolutions, with the 2024 annual board report receiving 70,999,936 votes in favor [6][7]. - The resolutions that did not pass had significant opposition from minority shareholders, particularly regarding the financial service agreement [8][9]. - The legal opinion concludes that all voting procedures and results were valid and in compliance with legal standards [10].