Zheng Quan Zhi Xing·2025-06-10 12:57Core Viewpoint - The legal opinion letter issued by Beijing Zhonglun Law Firm confirms that the procedures for convening and holding the 2024 Annual General Meeting and the 2025 A and H Shareholder Meetings of First Tractor Company Limited comply with relevant laws and regulations [2][3][4]. Group 1: Meeting Procedures - The company’s board of directors published the notice for the meetings on May 10, 2025, through the Shanghai Stock Exchange and other required media [4]. - The meetings were held on June 10, 2025, at the company’s conference room in Luoyang, Henan Province, and were presided over by the chairman [4][5]. - Voting was conducted through a combination of on-site and online methods, with specific time slots designated for online voting [5]. Group 2: Attendance and Qualifications - A total of 405 shareholders and their proxies attended the annual general meeting, representing 607,958,719 shares, which is 49.35% of the total voting shares [6]. - For the A Shareholder Meeting, 403 attendees represented 554,538,934 shares, while 2 H shareholders represented 53,419,785 shares, accounting for 4.75% of the total voting shares [6]. - The board of directors served as the convenor of the meetings, meeting the qualifications set forth by relevant laws and regulations [7]. Group 3: Voting Procedures and Results - The meetings reviewed and voted on the agenda items as outlined in the notice, with both on-site and online voting methods employed [8]. - The following proposals were approved: the 2024 Board of Directors Work Report, the 2024 Supervisory Board Work Report, the 2024 audited financial report, the profit distribution plan, the annual report, the appointment of the auditing firm for 2025, and the authorization for the board to decide on the mid-year profit distribution for 2025 [8]. - A special resolution regarding the general authorization for the board to repurchase H shares was passed with more than two-thirds of the voting rights in favor [8].