Shanxi Coal International Energy Group approves key resolutions at AGM

Shanxi Coal International Energy Group (SSE:600546) successfully convened its 2024 Annual General Meeting (AGM) on May 20, 2025, with 617 shareholders or their representatives present, holding a total of 1,208,660,308 shares, representing 60.9678% of the company's total voting shares. Key resolutions were passed, including the approval of the 2024 work reports for both the Board of Directors and the Supervisory Board, as well as the 2024 annual report and financial statements. The proposed profit distribution plan for 2024 was also approved. Additionally, shareholders ratified the renewal of both the financial and internal control audit institutions for 2025. The AGM also approved a resolution for the company to apply for a comprehensive credit line from banks. Furthermore, the shareholders approved entering into a financial services agreement with Shanxi Coking Coal Group Finance Co., Ltd., with related shareholders abstaining from voting. These decisions reflect shareholder confidence in the company's direction and operational strategy for the coming year. All resolutions were passed with over 99% approval from attending shareholders.