China Minmetals Rare Earth shareholders approve key corporate changes

China Minmetals Rare Earth Group Resource Technology Co., Ltd. held its third extraordinary general meeting of shareholders for 2025 on September 16, 2025. All proposals were approved without rejection, including the cancellation of the supervisory board and amendments to the articles of association, the rules of procedure for shareholders' meetings, and the rules of procedure for board meetings. The meeting also greenlit the absorption and cancellation of a wholly-owned subsidiary's legal status.

A total of 1,387 shareholders and authorized representatives, holding 441,638,290 shares, representing 41.62% of the company's voting shares, participated in the meeting through a combination of on-site and online voting. The proposal to cancel the supervisory board and amend the articles of association received 99.675% approval, while the absorption of the wholly-owned subsidiary garnered 99.736% approval.

Minority shareholders also largely supported the proposals, with 96.218% approving the supervisory board cancellation and articles of association amendments, and 96.931% supporting the subsidiary absorption. The meeting, overseen by chairman Mr. Guo Liangjin, was confirmed by legal counsel to be in compliance with relevant laws and regulations.