Shareholders approve JinKai New Energy's 2025 first-half profit distribution plan

JinKai New Energy held its third extraordinary general meeting of shareholders for 2025 on October 20, 2025, in Beijing. The meeting was attended by 433 shareholders and proxies, representing 165,620,693 voting shares, which constitutes 8.2923% of the total voting shares. The primary agenda, the 2025 first-half profit distribution plan, was approved with overwhelming support.

Specifically, the resolution on the 2025 first-half profit distribution plan received 133,947,836 votes in favor (80.8762%), 2,396,900 votes against (1.4472%), and 29,275,957 abstentions (17.6766%). For shareholders holding less than 5%, the resolution passed with 33,947,836 votes for (51.7334%), 2,396,900 against (3.6526%), and 29,275,957 abstentions (44.6140%).

The meeting was chaired by Mr. Zhan You, following a joint recommendation by the board of directors due to chairman You Mingyang's absence. Beijing Jiayuan Law Firm confirmed that the meeting's procedures and results complied with relevant laws and regulations.