Xinjiang Xintai shareholders approve using surplus reserves to offset losses

Xinjiang Xintai Natural Gas Co., Ltd. held its Second Extraordinary General Meeting of Shareholders for 2025 on October 16, 2025. The meeting, presided over by company director Mr. Zhang Shu, saw 315 shareholders and proxies attend, representing 186,978,122 shares, or 44.1068% of the company's total voting shares. All directors and supervisors were present.

The primary resolution, "Proposal on the Company Using Surplus Reserves to Offset Losses," was approved. The A-share vote count for the proposal showed 186,205,740 shares in favor (99.5869%), 726,744 shares against (0.3887%), and 45,638 shares abstaining (0.0244%).

For shareholders holding less than 5% of the shares, the resolution also passed with 5,970,380 votes in favor (88.5450%), 726,744 votes against (10.7782%), and 45,638 abstentions (0.6768%). Jun He Law Offices provided legal oversight, confirming the meeting's procedures and resolutions were compliant and legally effective.