Shanghai Electric shareholders approve debt financing, subsidiary guarantees

Shanghai Electric Group Company's second extraordinary shareholders' meeting of 2025 concluded with the approval of all proposed resolutions. These included the application for registration and issuance of debt financing instruments.

Shareholders also approved a proposal for Shanghai Electric (Hong Kong) Investment Management Co., Ltd. to apply for a loan guarantee not exceeding €9,000 million. The resolutions passed with broad shareholder support.

The meeting procedures, qualifications of attendees, and voting results were confirmed as compliant with relevant laws and regulations, ensuring the legal validity of the resolutions.