WM Motor Agricultural Machinery (301533) 2026 First Extraordinary Shareholders' Meeting Approved the Fundraising Completion Proposal with 99.88% Voting Rights in Favor

On April 2nd, Weima Agricultural Machinery Co., Ltd. (Stock Code: 301533, Stock Abbreviation: Weima Machinery) held its first extraordinary general meeting of 2026, approving the proposal on the completion of the fundraising project and the permanent replenishment of surplus funds into working capital. The meeting was attended by 70 shareholders and proxy holders, representing 70,044,070 shares, accounting for 72.5247% of the company’s total voting shares, and the proposal was approved by a high majority.

Meeting convening and attendance situation

This shareholders’ meeting was held through a combination of on-site voting and online voting. The on-site meeting took place at 2:30 PM on April 2, 2026, in the conference room on the third floor of the company’s office in Zone B, Luohuang Industrial Park, Jiangjin District, Chongqing. Online voting was conducted via the Shenzhen Stock Exchange trading system and internet voting system. The meeting was convened by the company’s Board of Directors and chaired by Chairman Yan Hua. Directors, senior management, and lawyers from Guohao Law Firm (Chengdu) attended or participated in the meeting.

Regarding shareholder attendance, a total of 70 shareholders and proxy holders participated through on-site and online voting, representing 70,044,070 shares, or 72.5247% of the company’s total voting shares. Among them, 4 shareholders voted on-site, representing 70,016,750 shares, or 72.2434%; 66 shareholders voted online, representing 273.2k shares, or 0.2813%. Small and medium shareholders attended 67 shareholders, holding 2.14M shares, accounting for 2.2040% of the company’s total voting shares.

Proposal voting results

The meeting approved the proposal on the completion of the fundraising project and the permanent replenishment of surplus funds into working capital. The specific voting results are as follows:

Overall voting:

• Agree: 70,035,600 shares, accounting for 99.8763% of the valid votes at this shareholders’ meeting
• Oppose: 77.1k shares, accounting for 0.1095%
• Abstain: 10k shares, accounting for 0.0142%

Small and medium shareholders’ voting:

• Agree: 2.05M shares, accounting for 95.9312% of the valid votes from small and medium shareholders present
• Oppose: 77.1k shares, accounting for 3.6016%
• Abstain: 10k shares, accounting for 0.4671%

Legal witness opinion

Lawyers Chen Hong and Chen Yuqi from Guohao Law Firm (Chengdu) provided on-site legal witnessing and issued legal opinions on this shareholders’ meeting. They believe that the procedures for convening and holding this meeting, the qualification of attendees, the convenor, the review of proposals, voting procedures, and results all comply with the “Company Law,” “Rules for Shareholders’ Meetings of Listed Companies,” and other relevant laws and regulations, as well as the company’s articles of association. The voting results are lawful and valid.

Documents for record

The documents for record related to this shareholders’ meeting include: the resolution of the 2026 first extraordinary shareholders’ meeting, the legal opinion letter issued by Guohao Law Firm (Chengdu), and other documents required by the Shenzhen Stock Exchange.

Weima Machinery states that completing the fundraising project and permanently replenishing surplus funds into working capital will help improve the efficiency of fund utilization, optimize the company’s capital structure, reduce financial costs, and is in the interest of the company and all shareholders.

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