Shenwan Hongyuan (H.K.) Ltd. held an Extraordinary General Meeting on 1 September 2025. During the meeting, two key proposals were presented. The first proposal involved the approval of the memorandum of understanding (2025 SWHYG MOU) related to continuing connected transactions and the annual caps for these transactions. This proposal was approved. The second proposal authorized the directors to execute necessary actions to implement the transactions under the 2025 SWHYG MOU. This proposal was also approved.
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