Shang Hai Zheng Quan Bao·2025-12-26 19:21Meeting Summary - The third extraordinary general meeting of shareholders was held on December 26, 2025, at the company's location in Jiaozhou, Qingdao [2] - The meeting was convened by the board of directors and chaired by Chairman Wang Yong, utilizing a combination of on-site and online voting methods [2][3] - All procedures and voting methods complied with relevant laws and the company's articles of association [2][8] Resolutions Passed - The following resolutions were approved during the meeting: - Cancellation of the supervisory board and amendments to the company's articles of association [4] - Revisions to various corporate governance systems, including: - Shareholders' meeting rules - Board meeting rules - Independent director work system - Related party transaction management system - External investment management system - External guarantee management system - Fundraising management system - Cumulative voting implementation details - Management of funds with related parties - Rules for controlling shareholders and actual controllers [5][6] Shareholder Voting - All related shareholders abstained from voting on specific resolutions, ensuring compliance with regulations [6] - Resolutions requiring special approval received more than two-thirds of the valid voting rights from non-related shareholders and their proxies [6] Legal Verification - The meeting was witnessed by Beijing Hairun Tianrui Law Firm, confirming that all procedures and resolutions were in accordance with legal requirements [7][8] Board Changes - Director Li Shusheng submitted a resignation report due to governance structure adjustments, transitioning to a worker representative director role [10] - The worker representative assembly unanimously elected Li Shusheng as a worker representative director, effective immediately [10][12] - The board's composition remains compliant with legal requirements, ensuring no disruption to the board's operations [11][13]