Gepic Energy shareholders greenlight major wind and solar project

Gepic Energy Development held its fifth extraordinary general meeting of shareholders in 2025 on September 19, 2025, where a resolution to invest in the Minqin 100 million kilowatt wind and solar power integrated project was overwhelmingly passed. The meeting saw 316 shareholders and their proxies attend, representing 2,490,676,957 shares with voting rights, constituting 76.7818% of the company's total voting shares.

The resolution received 99.8634% of votes in favor (2,487,275,037 shares), with 0.1359% against (3,384,820 shares) and 0.0007% abstaining (17,100 shares), leading to its successful adoption. The approval included robust support from shareholders beyond the company's directors, senior management, and major holders, with 78.1113% of their votes cast in favor.

The meeting procedures, attendance, and voting methods were confirmed as compliant with relevant laws and company regulations by Beijing Deheng (Lanzhou) Law Firm, ensuring the legality and validity of the resolution.