Lingyuan Iron & Steel approves 2024 reports, investment plan

Lingyuan Iron & Steel Co., Ltd. (SSE:600231) announced the resolutions passed at its 2024 Annual Shareholders Meeting held on April 22, 2025. Key approvals included the 2024 Board and Supervisory Committee work reports, the 2024 financial statements, and the proposed profit distribution plan. Shareholders also approved the 2025 financial budget and investment plan, as well as the purchase of directors and officers liability insurance. A proposal to lower the conversion price of "Linggang Convertible Bonds" was also passed. The meeting was attended by shareholders representing 70.2356% of the company's voting shares. All directors and supervisors were in attendance and present during the meeting, and it was confirmed that the meeting and resolutions passed are compliant with the "Company Law" and the company's articles of association.