Sinoma International shareholders approve bond issuance, governance updates

China National Materials International Engineering Company Limited held its fifth extraordinary general meeting of shareholders for 2025 on November 10, 2025. A total of 317 shareholders and proxies, representing 44.6821% of the total voting shares, attended the meeting. The agenda included proposals related to the company’s public issuance of corporate bonds and revisions to its related-party transaction management system.

Key resolutions, including the company's eligibility for public bond issuance, the bond issuance plan, and authorization for the board of directors to handle related matters, were passed with significant shareholder approval. For instance, the proposal on the company's eligibility for public bond issuance received 99.9263% of votes in favor, while the proposal for the bond issuance plan garnered 99.9262% approval. Sub-items of the bond issuance plan, covering issuance scale, face value, interest rates, term, and underwriting, also saw similar levels of approval, all exceeding 99.9% in favor.

Additionally, shareholders approved the revision of the "Company Related Party Transaction Management System" with 98.8690% of votes in favor, reflecting a broad consensus on the company's strategic and governance updates. The meeting procedures and results were legally verified by Beijing Deheng Law Firm.