GD Power shareholders approve dividend plan and charter revisions

GD Power Development Company Limited held its second extraordinary general meeting of shareholders in 2025 on September 4, 2025, in Beijing. Beijing Tianchi Juntai Law Firm confirmed the meeting's legality, with 3,980 shareholders and proxies attending, representing 53.9703% of total voting shares (9,625,954,437 shares).

Shareholders approved the 2025-2027 cash dividend plan with a vast majority: 9,623,778,402 shares in favor (99.9773%), against 1,437,735 shares, and 738,300 abstentions. The 2025 half-year profit distribution plan also passed, with 9,623,864,082 votes in favor (99.9782%). Furthermore, the meeting approved revisions to the company's Articles of Association and related regulations, a special resolution, with 9,526,387,106 votes in favor (98.9656%).

The voting procedures, which combined on-site and online methods via the Shanghai Stock Exchange, were deemed valid and compliant with relevant laws and the company's articles of association. The board of directors and supervisors also attended the meeting, with senior management present.