Xiangcai Co., Ltd. will hold its 2025 annual shareholders' meeting to review proposals on profit distribution, related-party transactions, guarantees, and other matters.

Zhongfang Network Data
Zhongcai Co., Ltd. (Stock Code: 600095) announced on March 21, 2026, that the 2025 Annual Shareholders Meeting will be held at 2:30 PM on April 10, 2026, at Zhejiang World Trade Junlan Hotel in Hangzhou. The meeting will combine on-site voting and online voting. Online voting will be conducted through the Shanghai Stock Exchange system from 9:15 to 15:00 on the day of the meeting. The record date for share registration is April 3, 2026.

The meeting will review multiple proposals, including the 2025 Annual Report and Summary, and the 2025 Board of Directors Work Report. Key decision items include: 1. Profit distribution: reviewing the 2025 profit distribution plan, with votes on this proposal counted separately for small and medium investors. 2. Related-party transactions: reviewing proposals for expected routine related-party transactions in 2026, involving transactions with Zhejiang Xinhu Group Co., Ltd. and its affiliates, Quzhou Industrial Holding Group Co., Ltd. and its affiliates, and other related parties. Shareholders who are related parties, such as Xinhu Holdings Co., Ltd. and Quzhou Xinan Development Co., Ltd., will need to abstain from voting. 3. External guarantees: reviewing proposals to provide guarantees for subsidiaries and mutual guarantees between subsidiaries. 4. Appointment of institutions: reviewing proposals to reappoint the 2026 audit firm. 5. Compensation system: reviewing amendments to the “Management System for Directors, Senior Management Compensation, and Performance Evaluation,” as well as proposals regarding the 2025 compensation distribution and the 2026 compensation plan for directors.

Additionally, the meeting will hear the “2025 Independent Director Work Report.” Shareholder registration will be on April 9, 2026, at the company’s Board Office (7th Floor, Xinhu Business Building, No. 128 Xixi Road, Xihu District, Hangzhou). The resolutions passed at this shareholders’ meeting will impact key matters such as the company’s 2025 profit distribution, future related-party transaction arrangements, guarantee authorizations, and the selection of audit institutions. This is a crucial opportunity for investors to understand the company’s annual operations and future plans.