Huadian Power International abolishes supervisory committee, streamlines governance

Huadian Power International Corporation Limited announced the successful passing of all resolutions at its Extraordinary General Meeting (EGM) held on November 18, 2025, in Beijing. A significant outcome is the abolishment of the supervisory committee, with its functions and powers to be transferred to the audit committee of the board. This change is reflected in approved amendments to the Articles of Association and Rules of Procedures for the General Meetings and Board Meetings.

Concurrently, Mr. Zhu Yueguang was elected as an employee representative director to the tenth session of the board, effective November 18, 2025. Following the EGM, former supervisory committee members Mr. Liu Shujun, Mr. Ma Jingan, and Mr. Tang Xiaoping resigned from their positions. Additionally, Mr. Zhu Yueguang and Mr. Feng Zhenping were elected as members of the Strategic Committee and Audit Committee, respectively, with terms aligning with the tenth session of the board.

The total number of shares entitling shareholders to vote at the EGM was 11,611,774,184 yuan, representing the total issued shares on the record date. The resolutions included amendments to the Articles of Association (96.928692% in favor), Rules of Procedures for General Meetings (99.942482% in favor), and Rules of Procedures for Board Meetings (99.942066% in favor). These updates demonstrate the company's efforts to streamline its governance structure.