Huaibei Mining shareholders approve 2026 related party transactions, elect directors

Huaibei Mining Holdings Co., Ltd. held its second extraordinary general meeting of shareholders on December 24, 2025, in Huaibei City, Anhui Province. A total of 396 shareholders and proxies attended, representing 67.1933% of the company's total voting shares. All proposed ordinary resolutions received approval, exceeding the required one-half majority of voting rights.

A key resolution passed was the forecast for ordinary related party transactions in 2026, approved by 89.4154% of non-affiliated A-share votes. Due to their status as related parties, Huaibei Mining (Group) Co., Ltd. and its concerted action parties abstained from voting on this item.

Additionally, shareholders approved the proposals for the resignation and election of certain directors. Liu Jie was elected with 99.8071% of effective voting rights, and Wu Rong was elected with 99.8001%. The meeting was convened by the company's board of directors and presided over by chairman Sun Fang.