Liuzhou Iron & Steel shareholders approve capital-raising, dividend plans

Liuzhou Iron & Steel Co., Ltd. held its fourth extraordinary general meeting of shareholders for 2025 on November 18, 2025. A total of 458 shareholders and their proxies attended, representing 84.0318% of the company's voting shares. All proposed resolutions were passed, indicating strong shareholder support for the company's strategic directions.

Key resolutions approved included the "Proposal on Measures for Diluting Immediate Returns and Filling Returns and Commitments from Related Parties for the Company's 2025 Simplified Private Placement of Shares to Specific Objects." This proposal received 99.8965% of A-share votes in favor. Shareholders also approved the "Proposal on the Company Not Needing to Prepare a Report on the Use of Previous Funds Raised," with 99.9191% of A-share votes in favor.

Furthermore, the "Proposal on the Company's Shareholder Return Plan for the Next Three Years (2025-2027)" was passed with 99.9540% of A-share votes in favor. This outlines the company's dividend strategy for the upcoming period. The meeting's procedures and resolutions were verified by Beijing Yingke (Shanghai) Law Firm.