Jingneng Power shareholders approve governance changes, dissolve supervisory board

Beijing Jingneng Power (600578) held its second extraordinary general meeting of shareholders on October 10, 2025, with 609 shareholders and proxies attending, representing 84.5747% of total voting shares. The meeting approved three key resolutions aimed at restructuring the company's governance.

A significant resolution was the cancellation of the Supervisory Board and the subsequent revision of the company's Articles of Association. This proposal received overwhelming support, with 99.5508% of A-share votes in favor. Concurrently, shareholders also approved revisions to the "Rules of Procedure for the General Meeting of Shareholders" and the "Rules of Procedure for the Board of Directors," with 99.9524% and 99.9507% of A-share votes in favor, respectively.

The attendance at the meeting included five out of nine directors, one out of five supervisors, and the company secretary. All resolutions passed with the required majority, and the resolution concerning the Supervisory Board was a special resolution, passing with over two-thirds of the voting rights held by attending shareholders.