Dongfang Electric shareholders approve charter and procedural revisions

Dongfang Electric Corporation Limited (SSE:600875) held its Second Extraordinary General Meeting of Shareholders in 2025 on November 28, 2025, in Chengdu, Sichuan Province. Shareholders approved resolutions to revise the company's articles of association and the rules of procedure for shareholders' meetings. Both resolutions, classified as special resolutions, passed with over two-thirds of the voting rights held by attending shareholders or their proxies.

The company’s articles of association indicate that its registered capital is RMB 3,458,360,326, following a recent private placement of RMB 272,878,203 A shares and HK$ 68,000,000 H shares earlier in 2025. The articles of association outline the company's structure, operations, and shareholder rights. Key amendments likely reflect adjustments to the capital structure and governance framework following the recent share placements. The company’s shareholding structure comprises 88.20% A shares (RMB 3,050,360,326) and 11.80% H shares (HK$ 408,000,000). The resolutions reflect ongoing efforts to align company governance with current regulations and business needs.

All proposals submitted to the meeting were approved, with total votes cast representing 60.690519% of the company’s exercisable shares. Specifically, the resolution on amending the articles of association received 99.661633% "For" votes, and the resolution on amending the rules of procedure for shareholders' meetings received 92.396501% "For" votes.