Hengli Petrochemical shareholders approve 2025 half-year profit distribution plan

Hengli Petrochemical Co., Ltd. successfully held its Third Extraordinary Shareholders' Meeting of 2025 on September 9, 2025, in Suzhou. The meeting, overseen by Beijing Tianyuan Law Firm, included both in-person and online voting, with 953 shareholders representing 79.9428% of total voting shares participating. The "2025 Half-Year Profit Distribution Plan" was approved by a vast majority.

The profit distribution plan garnered 5,626,525,415 votes in favor (99.9870%), with 667,264 votes against (0.0119%) and 63,100 abstentions (0.0011%). Among small and medium investors, the plan received 356,473,061 votes in favor (99.7955%), 667,264 votes against (0.1868%), and 63,100 abstentions (0.0177%). The meeting procedures, attendee qualifications, and voting results were all confirmed as legal and valid by the supervising law firm.

The meeting was proposed by the company's board of directors and presided over by chairman Fan Hongwei. All eight serving directors and board secretary Li Feng attended the meeting. The legal opinion and the meeting resolutions were published the following day, affirming the successful outcome and compliance with relevant laws and company articles of association.