Quanyangquan: Shareholders' meeting approves proposal to transfer 100% equity of subsidiary through public listing

Quanyangquan announced that the company's third extraordinary shareholders' meeting in 2026 deliberated and approved the "Proposal on the Proposed Formal Public Listing and Transfer of 100% Equity of a Subsidiary," with the number of shares approving the proposal accounting for 99.9464% of the total number of voting shares present at the meeting. Zhao Zhihua, a shareholder holding more than 5% of the shares, voluntarily abstained from voting because he expected that he might participate in the bidding for the listing project. The convening, holding, and voting procedures of this meeting were lawful and compliant, and the voting results were lawful and valid.