Taiyuan Heavy Industry shareholders approve 2025 related-party transactions

Taiyuan Heavy Industry (SSE:600169) announced the results of its first extraordinary shareholders' meeting of 2025, held on April 2, 2025. The primary agenda item was the approval of the company's projected daily related-party transactions for the year. The meeting, conducted through a combination of on-site and online voting, saw participation from shareholders representing 6.2533% of the company's total shares. The proposal was passed with over 91% of the vote in favor, after related party Taiyuan Heavy Machinery Group abstained. Shanxi Dewei Law Office provided legal counsel, affirming that the meeting's procedures and outcomes were compliant with relevant laws, regulations, and the company's articles of association.