Chinese coastal defense: The first interim shareholders' meeting in 2026 was successfully held, passing two resolutions.
The China Seafire Announcement stated that the company's first extraordinary general meeting of shareholders in 2026 will be held on January 22nd, convened by the board of directors and chaired by Chairman Chen Yuanjin. This shareholders' meeting will be conducted through a combination of on-site and online voting, with 638 shareholders and shareholder representatives in attendance, holding a total of 13.6615 million voting shares, accounting for 5.6338% of the total. The meeting will deliberate on two agenda items: the implementation of daily related party transactions in 2025 and the projected situation in 2026, and the continuation of signing the "Financial Services Agreement" and determining the financial service quota for deposits and loans in 2026. Both agenda items had related shareholders abstain from voting, and both were approved by a majority of voting shares held by attending shareholders or shareholder representatives at the meeting.
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