Baosteel approves key resolutions at 2025 shareholder meeting

Inner Mongolia BaoTou Steel Union (SSE:600010) announced the successful passage of all proposed resolutions at its Second Extraordinary General Meeting of Shareholders on April 1, 2025. Key agenda items included securing a CNY 25,546,863,040 comprehensive credit line for 2025, authorizing the issuance of bonds, and approving the company's 2025 budget. Shareholders also approved a resolution to provide a guarantee limit for subsidiaries. The meeting, convened by Chairman Zhang Zhao, saw participation from both on-site and online shareholders, representing 56.62% of total shares. Legal counsel confirmed the meeting's compliance with relevant laws and regulations.