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STIC announced that the company's second extraordinary shareholders' meeting in 2026 reviewed and passed the “Proposal on Investing in the Construction of a High-End Functional BOPET Film Expansion Project with an Annual Output of 103,000 Tons”. The shareholders' meeting was held using a combination of on-site and online voting. A total of 255 shareholders and shareholder agents attended, representing 407.4552 million voting shares, accounting for 6.4520% of the company's total voting shares; the total voting approval ratio for the bill was 99.5491%, and the approval ratio of small and medium shareholders was 97.1897%. Beijing Tianyuan Law Firm witnessed this meeting and issued a legal opinion, believing that the procedures for convening, holding and voting at this shareholders' meeting were legal and effective.
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STIC announced that the company's second extraordinary shareholders' meeting in 2026 reviewed and passed the “Proposal on Investing in the Construction of a High-End Functional BOPET Film Expansion Project with an Annual Output of 103,000 Tons”. The shareholders' meeting was held using a combination of on-site and online voting. A total of 255 shareholders and shareholder agents attended, representing 407.4552 million voting shares, accounting for 6.4520% of the company's total voting shares; the total voting approval ratio for the bill was 99.5491%, and the approval ratio of small and medium shareholders was 97.1897%. Beijing Tianyuan Law Firm witnessed this meeting and issued a legal opinion, believing that the procedures for convening, holding and voting at this shareholders' meeting were legal and effective.
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