Zhejiang Shibao (1057) Announces EGM Poll Results and New Director Appointments

Bulletin Express11-07

On 7 November 2025, Zhejiang Shibao Company Limited (1057) released poll results from its Extraordinary General Meeting (EGM), held at the company’s headquarters in Hangzhou, Zhejiang Province. All proposed resolutions were passed by poll.

The first resolution, concerning amendments to the Articles of Association and related rules, was approved as a special resolution, receiving over two-thirds of the votes in favor. The second and third resolutions, involving amendments to the Management Rules of Proceeds and appointing a new independent non-executive director, passed as ordinary resolutions with a majority of votes.

According to the announcement, the newly elected independent non-executive director, Mr. Li Xing Jian, will serve from 7 November 2025 until the conclusion of the 2026 annual general meeting. Mr. Li’s annual remuneration is set at RMB60,000, subject to Board authorization. Additionally, Mr. Wu Lang Ping was elected as employee director at an employees’ congress on 7 November 2025, also with an annual remuneration of RMB60,000.

The total number of issued shares as of the EGM date was 822,632,384, and no shareholder was required to abstain from voting. Pan-China Certified Public Accountants LLP was appointed as the poll scrutineer for the EGM.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1128313127?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-07 21:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1128313127","market":"us","top_or_hot":-1,"title":"Zhejiang Shibao (1057) Announces EGM Poll Results and New Director Appointments","media":"Bulletin Express","content":"<p>On 7 November 2025, Zhejiang Shibao Company Limited (1057) released poll results from its Extraordinary General Meeting (EGM), held at the company’s headquarters in Hangzhou, Zhejiang Province. All proposed resolutions were passed by poll.</p>\n<p>The first resolution, concerning amendments to the Articles of Association and related rules, was approved as a special resolution, receiving over two-thirds of the votes in favor. The second and third resolutions, involving amendments to the Management Rules of Proceeds and appointing a new independent non-executive director, passed as ordinary resolutions with a majority of votes.</p>\n<p>According to the announcement, the newly elected independent non-executive director, Mr. Li Xing Jian, will serve from 7 November 2025 until the conclusion of the 2026 annual general meeting. Mr. Li’s annual remuneration is set at RMB60,000, subject to Board authorization. Additionally, Mr. Wu Lang Ping was elected as employee director at an employees’ congress on 7 November 2025, also with an annual remuneration of RMB60,000.</p>\n<p>The total number of issued shares as of the EGM date was 822,632,384, and no shareholder was required to abstain from voting. Pan-China Certified Public Accountants LLP was appointed as the poll scrutineer for the EGM.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zhejiang Shibao (1057) Announces EGM Poll Results and New Director Appointments</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZhejiang Shibao (1057) Announces EGM Poll Results and New Director Appointments\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-11-07 21:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On 7 November 2025, Zhejiang Shibao Company Limited (1057) released poll results from its Extraordinary General Meeting (EGM), held at the company’s headquarters in Hangzhou, Zhejiang Province. All proposed resolutions were passed by poll.</p>\n<p>The first resolution, concerning amendments to the Articles of Association and related rules, was approved as a special resolution, receiving over two-thirds of the votes in favor. The second and third resolutions, involving amendments to the Management Rules of Proceeds and appointing a new independent non-executive director, passed as ordinary resolutions with a majority of votes.</p>\n<p>According to the announcement, the newly elected independent non-executive director, Mr. Li Xing Jian, will serve from 7 November 2025 until the conclusion of the 2026 annual general meeting. Mr. Li’s annual remuneration is set at RMB60,000, subject to Board authorization. Additionally, Mr. Wu Lang Ping was elected as employee director at an employees’ congress on 7 November 2025, also with an annual remuneration of RMB60,000.</p>\n<p>The total number of issued shares as of the EGM date was 822,632,384, and no shareholder was required to abstain from voting. Pan-China Certified Public Accountants LLP was appointed as the poll scrutineer for the EGM.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01057","symbol_name":"浙江世宝","start_time":0,"source_url":"","article_id":"1128313127","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1128313127","pubTimestamp":1762520579,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"On 7 November 2025, Zhejiang Shibao Company Limited (1057) released poll results from its Extraordinary General Meeting (EGM), held at the company’s headquarters in Hangzhou, Zhejiang Province. All...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01057":"浙江世宝"},"translate_title":"浙江世宝(1057)公布临时股东大会投票结果及新董事委任","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01057":1},"content_text":"On 7 November 2025, Zhejiang Shibao Company Limited (1057) released poll results from its Extraordinary General Meeting (EGM), held at the company’s headquarters in Hangzhou, Zhejiang Province. All proposed resolutions were passed by poll.\nThe first resolution, concerning amendments to the Articles of Association and related rules, was approved as a special resolution, receiving over two-thirds of the votes in favor. The second and third resolutions, involving amendments to the Management Rules of Proceeds and appointing a new independent non-executive director, passed as ordinary resolutions with a majority of votes.\nAccording to the announcement, the newly elected independent non-executive director, Mr. Li Xing Jian, will serve from 7 November 2025 until the conclusion of the 2026 annual general meeting. Mr. Li’s annual remuneration is set at RMB60,000, subject to Board authorization. Additionally, Mr. Wu Lang Ping was elected as employee director at an employees’ congress on 7 November 2025, also with an annual remuneration of RMB60,000.\nThe total number of issued shares as of the EGM date was 822,632,384, and no shareholder was required to abstain from voting. Pan-China Certified Public Accountants LLP was appointed as the poll scrutineer for the EGM.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive,SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1128313127","isCrawlerRequest":true}