Ming Yang Smart Energy shareholders approve charter and governance changes

Ming Yang Smart Energy Group's second extraordinary general meeting of shareholders in 2025, held on September 9, 2025, saw the approval of all proposed resolutions, including key revisions to the company's charter and governance rules. The meeting, which took place in Zhongshan City, Guangdong Province, was attended by 777 shareholders and proxies representing 894,863,801 shares, or 41.6143% of the company's total voting shares. All resolutions were passed without any opposing votes or abstentions.

Among the approved proposals were revisions to the company charter, the rules of procedure for the general meeting of shareholders, the rules of procedure for the board of directors meeting, and the working system for independent directors. Notably, the proposal to cancel the Supervisory Committee and abolish its rules of procedure was also approved with overwhelming support, receiving 99.7317% of votes in favor.

Shareholders also elected two non-independent directors to the third session of the board of directors: Zhang Chao and Lin Maoliang. Zhang Chao secured 838,197,957 votes (93.6676% of effective votes), while Lin Maoliang received 885,039,673 votes (98.9021% of effective votes), both successfully taking their positions.