SDIC Power shareholders approve perpetual bond issuance, reappoint auditors

SDIC Power Holdings Company Limited held its sixth extraordinary general meeting of shareholders on December 1, 2025. With 916 attendees representing 5,917,147,471 shares, or 73.9228% of total voting shares, all resolutions presented were approved, indicating strong shareholder consensus.

A major outcome was the approval for the company to issue perpetual corporate bonds to professional investors. This included detailed resolutions on the bond issuance, covering scale, method, coupon rate, and payment options, all passed with overwhelming support. The resolution on issuing perpetual corporate bonds was approved with 99.9673% of votes in favor.

Additionally, shareholders approved the reappointment of the accounting firm with 99.9482% of votes and accepted the board of directors' compensation report for 2024 with 99.9631% approval. The resolutions were confirmed to be in compliance with legal and regulatory frameworks, as verified by Beijing Tianyuan Law Firm.