Sichuan Energy Investment shareholders approve governance changes, appoint new director

Sichuan Energy Investment Development Co., Ltd. held its 2025 First Extraordinary General Meeting (EGM) on November 6, 2025, where shareholders passed all proposed resolutions. A total of 940,560,779 voting shares, representing approximately 87.55% of the issued voting shares, attended the EGM.

Special resolutions, including amendments to the articles of association and the abolition of the supervisory committee, as well as changes to the rules of procedure for general meetings and the board of directors, were approved with 100% of votes in favor. Additionally, ordinary resolutions concerning the appointment of Mr. Chen Yan as a non-executive director and the adjustment of remuneration for independent non-executive directors also passed with overwhelming support, with 99.9% and 100% respectively.

These governance changes, including the repeal of the rules of procedure of the supervisory committee meetings, are effective from November 6, 2025. Mr. Chen Yan's appointment as a non-executive director for the fifth session of the board was duly approved.