Beijing Shougang shareholders approve key resolutions at EGM

Beijing Shougang Co., Ltd. held its first extraordinary general meeting for 2025 on September 9, 2025. The meeting saw 289 shareholders attending in person and online, representing 77.4108% of the total voting shares. Convened by the board and chaired by chairman Qiu Yinfu, no proposals were rejected, indicating strong shareholder consensus.

The proposal to amend the company's articles of association and its attachments was approved by 99.3873% of the total effective voting shares, totaling 5,966,405,076 shares. Among small and medium-sized investors, the proposal received 23.4809% of votes in favor.

Shareholders also approved the "Shareholder Return Plan for the Next Three Years (2026-2028)" with 99.9817% of effective voting shares (6,002,084,505 shares). Small and medium-sized investors showed 97.7121% approval for this plan. Both proposals met the requirement of being passed by two-thirds of the total voting shares, affirming the company's strategic direction.