Taigang Stainless Steel shareholder meeting approves key resolutions

Shanxi Taigang Stainless Steel (SZSE:000825) announced the resolutions passed at its 2024 Annual General Meeting held on May 23, 2025. All proposed resolutions were approved, with over 64% of shareholders participating through a combination of on-site and online voting. Key approvals included the 2024 Board and Supervisory Committee work reports, the 2024 annual report and its summary, the 2024 financial settlement, the 2024 profit distribution plan involving capital reserves, and the 2025 comprehensive budget and fixed asset investment plan. Notably, 583 small and medium shareholders, holding 84,261,939 shares representing 1.48% of total voting rights, participated in the online voting process. The legal counsel confirmed the legitimacy and validity of the meeting and its resolutions.