Zhaojin Mining abolishes supervisory committee, amends articles

Zhaojin Mining Industry Company Limited held its 2025 Second Extraordinary General Meeting (EGM) on September 19, 2025, where shareholders approved key amendments to the company's governance. Approximately 69.82% of the total issued shares were represented at the EGM.

A primary resolution passed was the abolishment of the supervisory committee, with 99.999919% of votes in favour. This change signifies a restructuring of the company's oversight mechanisms, as the audit committee will now exercise the powers previously held by the supervisory committee, as stipulated in the Company Law.

Shareholders also approved proposed amendments to the Articles of Association and the Rules of Procedures for General Meetings, with 99.999919% of votes in favour for each. These amendments grant authorized representatives the power to effect all necessary actions, including registration and filing with relevant PRC and Hong Kong government authorities. The company's registered capital stands at RMB3,542,393,204.