The 2021 second extraordinary general meeting of Shanghai Highly (Group) Co., Ltd. was successfully held on November 29, 2021. The meeting adopted a combination of on-site voting and online voting. A total of 72 shareholders and shareholder representatives attended the general meeting, representing 324,464,268 shares, accounting for 29.9025% of the company's total voting shares.
The meeting reviewed and approved the "Proposal on Increasing the Amount of Daily Related Party Transactions in 2021", "The Proposal on the Transfer of 51% Equity in the Wholly Owned Subsidiary of Highly Assets", and "The Repurchase and Cancellation of Some Incentive Objects Has Been Granted But The Restriction On Sales Has Not Been Lifted "Proposal on Sexual Shares and Adjusting the Repurchase Price". (Lu Cenlan, Highly Group)