Hengli Petrochemical shareholders approve debt financing tool application

Hengli Petrochemical Co., Ltd. announced that its fourth extraordinary general meeting of shareholders in 2025, held on November 12, 2025, approved the application for unified registration and issuance of non-financial enterprise debt financing tools (DFI). The meeting, which took place in Suzhou, was presided over by chairman Fan Hongwei.

A total of 374 shareholders and proxies attended the meeting, representing 5,457,512,336 shares with voting rights, accounting for 77.5314% of the company's total voting shares. The resolution to apply for DFI received overwhelming support, with 5,293,758,517 votes in favor, representing 96.9995% of the shares present.

There were 73,033,031 votes against the resolution (1.3382%) and 90,720,788 abstentions (1.6623%). Beijing Tianyuan Law Firm confirmed that the meeting's convening, procedures, and voting results were legitimate and valid, ensuring the smooth passage of the resolution.