Zhuzhou Smelter Group shareholders approve 2026 business plans

Zhuzhou Smelter Group Co., Ltd. held its fourth extraordinary general meeting of shareholders for 2025 on December 26, 2025, in Zhuzhou City, Hunan Province. Shareholders approved all four proposals, including 2026 routine related-party transactions, and the company's engagement in commodity futures hedging and foreign exchange derivatives businesses. The meeting saw 45 shareholders and proxies attend, representing 63.61% of total voting shares.

The first proposal, concerning routine related-party transactions for 2026, was approved with 131,299,060 votes (97.39% of effective voting shares). Related parties, including Hunan Nonferrous Metals Holding Group Co., Ltd. and Zhuzhou Smelter Group Co., Ltd., abstained from voting due to their affiliation with China Minmetals Corporation. The remaining three proposals, covering commodity futures hedging and foreign exchange derivatives for 2026, were each approved unanimously with 682,484,480 votes (100% of effective voting shares).

Hunan Junjian Law Firm confirmed that the meeting complied with relevant laws, regulations, and the company's Articles of Association, thus rendering the resolutions legal and valid.