Shanghai Electric schedules EGM for December to approve financial pacts, new director

Shanghai Electric Group Company Limited (SSE:601727) announced its Third Extraordinary General Meeting of Shareholders for 2025, scheduled for December 15, 2025, at 2:00 PM in Shanghai. Shareholders will consider several important proposals, including financial services and daily related transaction agreements with Shanghai Electric Holding Group Co., Ltd. for 2026-2028. Additionally, the meeting will address the election of Chen Xinyuan as an independent director.

The meeting will utilize both on-site and online voting systems via the Shanghai Stock Exchange, with online voting open from 9:15 AM to 3:00 PM on the day of the meeting. Shareholders on record as of December 8, 2025, are eligible to attend and vote. Registration for the meeting can be done in person or by email with registration documents by December 10, 2025.

The company emphasized that proposals 1 and 2, concerning related party transactions, will be subject to separate voting by small and medium-sized investors, and Shanghai Electric Holding Group Co., Ltd. will abstain from voting on these specific items. All resolutions to be considered at the meeting have been approved by the company's board of directors on October 31, 2025.