Shaanxi Coal shareholders approve governance structure adjustments

Shaanxi Coal Industry Company Limited successfully convened its Second Extraordinary General Meeting of Shareholders for 2025 on November 18, 2025, in Xi'an. A total of 896 shareholders and proxies attended, representing 6,706,673,899 shares, or 69.1766% of the company’s total voting shares. All proposed resolutions, including adjustments to the corporate governance structure and revisions to the Articles of Association, were passed.

Key resolutions such as the revision of the company's Articles of Association and the Shareholders' Meeting Rules received strong support, with 99.9876% and 98.4346% of A-share votes in favor, respectively. Other proposals, including revisions to the Board of Directors' Meeting Rules, Independent Director Work System, and Raised Funds Management System, also passed with over 98% approval from A-share votes.

Additionally, the forecast for daily related-party transactions in 2026 was approved with 81.8339% of A-share votes in favor, while related-party shareholders from Shaanxi Coal and Chemical Industry Group Co., Ltd. abstained from voting on this particular resolution. Beijing Jiayuan Law Firm confirmed the meeting's compliance with relevant laws and regulations.