HF Foods shareholders elect only one director; two incumbents fail to win re-election

HF Foods Group Inc.

Xiao Mou Zhang elected to board with 21.3M votes for; Hong Wang and Prudence Kuai each lost with more against votes.
Shareholders approved amendment to 2018 Omnibus Equity Incentive Plan, increasing authorized shares from 3M to 7M.
Say-on-pay advisory vote passed with 19.7M for, 4.9M against; ratification of BDO as auditor approved overwhelmingly.
Two director nominees failed to receive majority support: Hong Wang (8.0M For vs 16.5M Against) and Prudence Kuai (10.1M For vs 14.4M Against).

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