26th Aug 2026 10:44
ZHEJIANG YONGTAI TECHNOLOGY CO., LTD.
(GDR under the symbol: "YTT")
(a joint stock company established under the laws of the People's Republic of China with limited liability)
Resolution of the First EGM in 2026
Special Notice
1. No resolution was objected at the Extraordinary General Meeting.
2. The resolution on amending the articles of association was approved at the Extraordinary General Meeting.
3. No changes to the resolutions of the previous general meetings were involved in the Extraordinary General Meeting.
I. CONVENING AND ATTENDANCE OF THE MEETING
(I) Convening of the Meeting
1. Time of he meeting
(1) Time of on-site meeting: 15:00 on Wednesday, 26 August 2026;
(2) Time of online voting: The specific date of online voting through the trading system of the Shenzhen Stock Exchange was from 9:15 to 9:25, 9:30 to 11:30 and 13:00 to 15:00 on 26 August 2026;The specific date of voting through the Internet of the Shenzhen Stock Exchange was between 9:15 and 15:00 on 26 August 2026.
（3）Method of convening the meeting: both on-site voting and online voting.
（4）Venue of the on-site meeting: conference room on the second floor of the office building of Zhejiang Yongtai Technology Co., Ltd. at No. 1 Donghai Fourth Avenue, Linhai Park, Zhejiang Chemical API Base, Zhejiang Province.
（5）Convener of the meeting: Board of Directors of the Company.
（6）Chairperson of the meeting: the meeting was presided over by Ms. Wang Yingmei, the chairwoman of the Company.
（7）Validity and compliance of the meeting: the meeting was held in accordance with relevant laws, administrative regulations, departmental rules, regulatory documents and the provisions of the Articles of Association.
(II) Attendance of the Meeting
1. A total of 839 shareholders and shareholders' proxies, representing 175,244,625 shares or 18.9428% of the total number of shares of the Company carrying voting rights, were present at the general meeting. Of which:
(1) A total of 12 shareholders and shareholders' proxies, representing 159,936,841 shares or 17.2881% of the total number of shares of the Company carrying voting rights, were present at the on-site meeting.
(2) A total of 827 shareholders, representing 15,307,784 shares or 1.6547% of the total number of shares of the Company carrying voting rights, were present at the meeting through online voting.
(3) A total of 827 minority shareholders (excluding directors, senior management of the Company, and other shareholders who individually or collectively hold 5% or more of the Company's shares), representing 10,780,684 shares or 1.1653% of the total number of shares of the Company carrying voting rights, were present at the meeting.
2. The Company's directors, and senior management attended or sat in the meeting. AllBright Law Offices（上海市锦天城律师事务所） delegated lawyers to witness the meeting and issued a legal opinion.
II. CONSIDERATIONS AND POLL RESULTS OF THE RESOLUTION
The proposals at this general meeting were voted on through a combination of on-site voting and online voting, and the voting results are as follows:
Proposal Code | Proposal Name | Voting Category | For | Against | Abstain | Recused | Voting Result | ||||
Shares (shares) | Percentage (%) | Shares (shares) | Percentage (%) | Shares (shares) | Percentage (%) | Shares (shares) | Percentage (%) | ||||
1.00 | 1. 《To Repurchase and Cancellation of Partial Restricted Shares Granted but not yet Unlocked to Participants》 | Total Voting | 172,025,576 | 99.6779 | 417,600 | 0.2420 | 138,341 | 0.0802 | 2,663,108 | 1.5197 | Approved |
Voting result of minority shareholders | 10,067,073 | 94.7666 | 417,600 | 3.9311 | 138,341 | 1.3023 | 157,670 | 1.4625 | |||
2.00 | 2. 《To Change the Registered Capital of the Company and Amend the Articles of Association》 | Total Voting | 174,669,484 | 99.6718 | 427,600 | 0.2440 | 147,541 | 0.0842 | 0 | 0.0000 | Approved |
3.00 | 3. 《To Appoint the 2026 Annual Auditor 》 | Total Voting | 174,672,284 | 99.6734 | 422,000 | 0.2408 | 150,341 | 0.0858 | 0 | 0.0000 | Approved |
Voting result of minority shareholders | 10,208,343 | 94.6911 | 422,000 | 3.9144 | 150,341 | 1.3945 | 0 | 0.0000 | |||
Shareholders who are the incentive recipients under the Company's 2024 Restricted Stock Incentive Plan or shareholders who have a connected relationship with the incentive recipients， abstained from voting on this proposal. Proposal 1 and Proposal 2 are special resolutions and were approved by over two-thirds of the total number of valid voting shares held by shareholders attending the general meeting.
Ⅲ. LEGAL OPINION ISSUED BY THE LAWYERS
1. Name of law firm: AllBright Law Offices（上海市锦天城律师事务所）
2. Names of lawyers: Zhang Leizhong, Gu Qizeng
3. Conclusive opinion: The procedures for convening and holding the First Extraordinary General Meeting in 2026, the qualifications of the convenor and the personnel who attended the meeting, and the voting procedures of the meeting conformed to the requirements of the laws, regulations, rules and other regulatory documents such as the Company Law, the Rules Governing General Meeting of Listed Companies as well as relevant provisions of the Articles of Association, the voting results of the general meeting are lawful and valid.
The Board of Directors
Zhejiang Yongtai Technology Co., Ltd.
26 August 2026
Related Shares:
Zhejiang Yong.