Chengtun Mining appoints new director at extraordinary shareholder meeting

Chengtun Mining Group Co., Ltd. held its Second Extraordinary General Meeting of Shareholders for 2025 on November 28, 2025, in Xiamen, Fujian Province. The meeting, which saw 1,400 shareholders and proxies representing 511,199,376 shares, or 16.5403% of total voting shares, approved a proposal to elect Mr. Wu Yicong as a new director. Mr. Wu Yicong received 484,777,380 votes, representing 94.8313% of the valid votes cast, securing his election.

The meeting procedures were overseen by Beijing Dacheng (Xiamen) Law Firm, which confirmed that the convocation and conduct of the shareholders' meeting complied with relevant laws, regulations, and the company's articles of association. The legal firm verified the qualifications of the conveners, attendees, and the validity of the voting process and results.

The announcement, dated November 29, 2025, confirmed the successful conclusion of the meeting and the formal appointment, reflecting Chengtun Mining's adherence to corporate governance standards.