Shandong Gold shareholders back subsidiary's H-share issuance plan

Shandong Gold Mining Co., Ltd. announced that all resolutions proposed at its 2025 Fourth Extraordinary General Meeting (EGM), held on September 19, 2025, were duly approved by shareholders. A key resolution involved the issuance of overseas listed shares (H shares) by Shanjin International Gold Co., Ltd., a controlling subsidiary, and its subsequent listing on the Hong Kong Stock Exchange. This resolution passed with 99.9102% of valid votes cast in favor.

Shareholders also approved the comprehensive plan for this H-share issuance by Shanjin International, including specific aspects such as listing venue, type and par value of shares, timing, method, size, pricing, offering targets, and offering principles. These sub-resolutions received substantial support, with "For" votes consistently above 99.91% of valid votes cast. For instance, the listing venue approval garnered 99.9132% in favor, while the pricing method resolution passed with 99.9128% support.

Additionally, resolutions regarding the conversion of Shanjin International into a joint stock company, the use of proceeds from the H-share offering, and providing guarantees between wholly-owned subsidiaries of Shanjin International were also approved. The total number of shares held by attendees and proxies entitled to vote at the EGM represented approximately 57.1441% of the company's total issued shares as of the announcement date.