Shareholders of listed companies voted against the commodity through the voting platform of the trading system of Shanghai Stock Exchange. If the conditions are met, the objection can be successful.
If more than one proposal needs to be voted on at the shareholders' meeting, the voting declaration can be made in any order, but the voting declaration cannot be withdrawn. If the same bill is declared multiple times, the first declaration shall prevail. According to the relevant provisions of the second section of Chapter IV of the Company Law of People's Republic of China (PRC), the shareholders' meeting is the highest authority of the joint-stock company, which is composed of all shareholders, making decisions on major issues of the company, having the right to appoint and remove directors, and having extensive decision-making power over the company's operation and management.