Zhuzhou Smelter Group shareholders approve related-party deals, elect director

Zhuzhou Smelter Group (SSE:600961) held its third extraordinary general meeting of shareholders for 2025 on November 27, 2025, in Zhuzhou City, Hunan Province. A total of 44 shareholders and proxies, representing 676,750,534 shares or 63.08% of the company's total voting shares, participated.

The meeting unanimously approved the "Proposal on Adjusting the Estimated Amount of Daily Related-Party Transactions for 2025," with 129,086,314 A-shares voting in favor (100%). Additionally, shareholders elected Peng Shuguang as a company director under a cumulative voting mechanism, with 676,696,734 votes in favor, representing 99.99% of the valid votes cast.

The related-party transactions involve Hunan Nonferrous Metals Holding Group Co., Ltd. and Zhuzhou Smelter Group Co., Ltd., both ultimately controlled by China Minmetals Corporation. Hunan Nonferrous Metals Holding Group Co., Ltd. held 335,415,527 voting shares, while Zhuzhou Smelter Group Co., Ltd. held 212,248,593 voting shares, both abstaining from voting on the related-party transaction proposal.