EGing Photovoltaic shareholders approve most resolutions, reject governance amendment

EGing Photovoltaic Technology Co., Ltd. held its Third Extraordinary General Meeting of Shareholders on September 11, 2025, in Changzhou. A total of 1,097 shareholders and proxies, representing 170,482,838 voting shares, attended the meeting.

Shareholders approved 12 out of 13 proposed resolutions, including the re-appointment of 2025 financial and internal control audit institutions, and amendments to various operational rules such as those concerning related party transactions, external guarantees, and fundraising management. Notably, the proposal "Regarding the Amendment to the Articles of Association of the Company" (Resolution 3) failed to pass, receiving 112,277,306 votes in favor but falling short of the required two-thirds majority for a special resolution. The board stated this unapproved amendment could hinder corporate governance improvements and would be resubmitted.

All other resolutions passed with over 97% of votes in favor, demonstrating strong shareholder support for the company's other proposed changes and reappointments. The meeting concluded with all procedures compliant with company regulations and relevant laws.