Chongqing Zongshen Power to hold 2025 extraordinary general meeting

Chongqing Zongshen Power Machinery Co., Ltd. will convene its first extraordinary general meeting of shareholders for 2025 on September 10, 2025. The meeting, decided by the Eleventh Board of Directors' Twenty-First Meeting, will feature both on-site and online voting methods. Online voting through the Shenzhen Stock Exchange trading system will be open from 9:15-9:25 and 9:30-11:30 in the morning, and 13:00-15:00 in the afternoon on September 10, 2025.

Shareholders registered by the equity registration date of September 3, 2025, are eligible to attend. Key agenda items include the re-election of the Twelfth Board of Directors, with five non-independent directors and three independent directors to be elected through cumulative voting. The meeting will also review and vote on several proposals to amend company regulations, including the Articles of Association, Shareholder Meeting Rules, Board of Directors Meeting Rules, and Independent Director Work System.

Other important proposals for review include revisions to the company's External Investment Management Measures, Related Party Transaction Management Measures, Dividend Management System, and Accounting Firm Selection and Evaluation System. Proposals 3 to 5 are special resolutions requiring approval by two-thirds of the valid votes cast by shareholders present. The company will separately count and disclose votes from small and medium-sized investors for all proposals.