---
title: "The counter-guarantee proposal of SOYEA was voted down by minority shareholders. The company stated that passing this proposal would reduce financial costs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255631954.md"
description: "The counter-guarantee proposal put forward by SOYEA at the fourth extraordinary general meeting of shareholders in 2025 was not approved, with opposing votes accounting for 51.91%. The proposal aimed to finance the controlling shareholder through equity pledges to reduce financial costs. The company has not clarified whether it will continue to promote this proposal"
datetime: "2025-09-02T13:04:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255631954.md)
  - [en](https://longbridge.com/en/news/255631954.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255631954.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/255631954.md) | [繁體中文](https://longbridge.com/zh-HK/news/255631954.md)


# The counter-guarantee proposal of SOYEA was voted down by minority shareholders. The company stated that passing this proposal would reduce financial costs

On the afternoon of September 1, 2025, ST SOYEA held its fourth extraordinary general meeting of shareholders in 2025, during which it reviewed the proposal regarding the company's plan to provide guarantees for financing to the controlling shareholder through equity pledges. That evening, the announcement disclosed that the proposal was not approved, with opposing votes accounting for 51.91%. A relevant company official stated that the controlling shareholder previously charged a guarantee fee for providing guarantees for the company's bank loans, and this time using equity from some of the company's subsidiaries as counter-guarantees could reduce financial expense expenditures. The company has not clarified whether it will continue to promote the proposal afterward

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