Shenhuo Coal & Power approves director election, governance updates

Henan Shenhuo Coal & Power (SZSE:000933) announced the resolutions of its second extraordinary general meeting held on October 27, 2025. Key outcomes included the election of Mr. Liu Chao as a non-independent director to the ninth board of directors, alongside Ms. Wang Xianghong, a worker director. This election passed with 99.9523% of votes in favor.

The meeting also approved revisions to the company's articles of association, passing with 96.0057% in favor, and amendments to several corporate governance policies. These included the rules of procedure for shareholders' meetings, rules of procedure for the board of directors, independent director work system, related party transaction management system, external guarantee management system, raised funds management measures, and the remuneration plan for directors and senior management. The “Three Major Decisions” decision-making implementation measures were also revised, with all governance-related resolutions passing with over half of the votes.

The meeting, which combined on-site and online voting, saw 835 shareholders and proxies attend, representing 1,237,555,356 shares or 55.3981% of total voting shares. Notably, small and medium-sized investors accounted for 502,248,614 shares, or 22.4827% of the total voting shares.