Humon Smelting shareholders approve strategic stake reduction in associate company

Shandong Humon Smelting Co., Ltd. held its fourth extraordinary general meeting of shareholders for 2025 on September 9, 2025. A total of 362 shareholders, representing 55.3019% of the company's total voting shares, participated in the meeting, either in person or through online voting.

The key resolution, "Proposal on Opportunistically Reducing Holdings of Shares in Associate Companies," passed with overwhelming support. Shareholders cast 632,965,498 votes in favor, representing 99.6935% of the total valid votes. Opposition votes totaled 1,668,402 (0.2628%), with 277,400 abstentions (0.0437%).

Legal counsel from Shanghai Gentian Law Firm affirmed that the meeting's procedures, convener and attendee qualifications, and voting methods were in compliance with relevant laws and regulations. The company confirmed that there were no rejections of proposals and no changes to previously approved resolutions.