Taiyuan Heavy Industry approves all resolutions at annual meeting

Taiyuan Heavy Industry convened its 2024 Annual Shareholders Meeting on May 19, 2025, in Taiyuan, Shanxi Province, where all proposed resolutions were approved. A total of 425 shareholders and proxies, representing 1,733,977,931 shares, or 51.5871% of the company's total voting shares, attended the meeting. Key resolutions included the 2024 Board and Supervisory Board work reports, approval of the 2025 budget, the 2024 annual report and financial statements, profit distribution plans, and the re-appointment of Liyanda as the company's accounting firm. Shareholders also approved the removal of the Supervisory Board and amendments to the articles of association, as well as revisions to the rules of procedure for both shareholder and board meetings. Shanxi Dewei Law Firm provided legal attestation, confirming the meeting's compliance with relevant laws and regulations.