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[Baihe Industrial-KY] Announcement of Shareholder Meeting Resolutions for Subsidiary Shanghai Baiqi Textile Trading Co., Ltd.

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Shanghai Baiqi Textile Trading Co., Ltd. held its shareholder meeting on May 20, 2026, and approved resolutions including the non-distribution of profits for the 2025 fiscal year and approval of financial reports.

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Frequently Asked Questions

Q: What was the decision on dividends for 2025 by Shanghai Baiqi Textile?
A: The shareholders decided not to distribute profits for the 2025 fiscal year.
Q: Which firm will audit the 2026 financial statements?
A: Wuxi Liangxi Certified Public Accountants Co., Ltd. was appointed.
Q: What other reports were presented at the meeting?
A: Reports on business operations, the supervisor's work report, and the audit report for financial statements were presented.