Henan Yuguang Gold & Lead shareholders greenlight related-party transactions

Henan Yuguang Gold & Lead Group held its sixth extraordinary general meeting on November 11, 2025, where shareholders approved key resolutions concerning related-party transactions. A total of 1,177 shareholders and proxies, representing 94,585,366 shares or 12.3149% of the total voting shares, participated. The meeting, chaired by chairman Zhao Jingang, was confirmed to be in compliance with company articles and legal regulations.

Shareholders overwhelmingly approved the proposal to provide guarantees for related parties, with 88,796,428 votes (93.8796%) in favor, 5,427,470 votes (5.7381%) against, and 361,468 votes (0.3823%) abstaining. Additionally, the adjustment of the estimated annual related-party transaction amount for 2025 was passed, with 90,331,628 votes (95.5027%) in favor, 3,831,270 votes (4.0505%) against, and 422,468 votes (0.4468%) abstaining.

Both resolutions involved related-party transactions, leading to the abstention of related shareholder Henan Yuguang Group Co., Ltd. from voting. The first resolution, a special voting matter, achieved approval from over two-thirds of the valid voting shares present. Beijing Junzhi Law Firm confirmed the legality and validity of the meeting's convening, procedures, and resolutions.