CECEP Wind-Power shareholders approve A-share private placement, governance updates

CECEP Wind-Power Corporation held its fourth interim shareholders' meeting for 2025 on December 4, 2025, at its Beijing headquarters. A total of 1,403 shareholders and their proxies attended, representing 3,404,749,105 shares, or 52.8656% of the company's total voting shares. All non-cumulative voting proposals were approved.

Key resolutions passed include the eligibility for a private placement of A-shares, the specific plan for the 2025 A-share private placement, and the pre-plan for the 2025 A-share private placement. Shareholders also approved proposals regarding the use of raised funds, the offering price, the type and par value of shares, the subscription methods, and the validity period for the offering.

Furthermore, amendments to the "Shareholders' Meeting Rules," "Board of Directors' Meeting Rules," and "Independent Directors' Work Rules" were sanctioned. The meeting concluded with all major proposals receiving shareholder endorsement, affirming the company's strategic financial and governance initiatives for the upcoming period.