Guangdong Electric Power shareholders approve audit, fundraising, related-party transaction proposals

Guangdong Electric Power Development Co., Ltd. held its second extraordinary general meeting of shareholders in 2025 on September 19, 2025. The meeting, convened by the company's board of directors, involved both on-site and online voting, with 475 shareholders and proxies representing 72.6844% of the total share capital. All proposals were approved without objection.

Key resolutions passed include the appointment of the company's annual audit institution, a revision to the “Guangdong Electric Power Development Co., Ltd. Fundraising Management System,” and an amendment to the “Guangdong Electric Power Development Co., Ltd. Related-Party Transaction Management System.” The proposals received significant shareholder support, with votes for the audit institution reaching 3,809,720,489 yuan (99.8318%), the fundraising system amendment at 3,767,365,722 yuan (98.7219%), and the related-party transaction system amendment at 3,767,103,122 yuan (98.7150%).

Beijing Tianda & Gonghe Law Firm, represented by lawyers Chen Binhong and Zhang Shujie, validated the meeting's procedures, attendee qualifications, and voting results, confirming compliance with relevant laws and company articles. The resolutions are legally effective, underscoring the company’s adherence to corporate governance standards.