Chongqing Water Group shareholders approve key financial and governance proposals

Chongqing Water Group Co., Ltd. held its third extraordinary general meeting of shareholders for 2025 on October 16, 2025, where all proposed resolutions were passed. The meeting saw an attendance of 275 shareholders and proxies, representing 4,275,286,589 shares, or 89.0680% of the total voting shares. The meeting, presided over by chairman Zheng Rubin, confirmed compliance with legal and regulatory requirements.

Key resolutions included the approval of the company's 2025 interim profit distribution plan, which passed with 99.9805% of A-share votes in favor. Additionally, revisions to internal governance documents, specifically the "Working Rules for Independent Directors" and the "Related Party Transaction Management System," were approved. The "Management System for Raised Funds" also received shareholder backing.

Shareholders also approved the 2024 remuneration distribution plan for the company's chairman, with 99.9366% of A-share votes cast in favor. For smaller investors (those holding less than 5%), the 2025 interim profit distribution plan passed with 96.5740% approval, and the chairman's 2024 remuneration plan was approved by 88.8600% of their votes.