CMES shareholders approve key resolutions at EGM

China Merchants Energy Shipping (CMES) held its second extraordinary general meeting (EGM) of shareholders for 2025 on September 26, 2025, in Shenzhen. The meeting saw 582 shareholders and proxies, representing 72.0111% of total voting shares, attend. All proposed resolutions were passed without any rejections.

Key resolutions approved include the change in the company's registered capital, modifications to the articles of association, and revisions to six other institutional regulations, including the rules of procedure for the general meeting of shareholders. The resolution to change the registered capital passed with 99.9830% of votes in favor from A-shareholders, while the revised articles of association received 99.9845% approval.

Shareholders also approved the acquisition of self-use office properties within China, a related-party transaction, with 89.6695% of A-share votes in favor. The election of Mr. Huang Chuanjing as a non-independent director was approved, along with the resolution to cancel the supervisory board and abolish its related rules. Resolutions 1, 2, 3, and 6, being special resolutions, obtained more than two-thirds of the effective voting shares, while other ordinary resolutions passed with over half of the effective voting shares.