Hangzhou Oxygen Plant Group to hold EGM after director resigns

Hangzhou Oxygen Plant Group (SZSE:002430) held the 34th meeting of its 8th Board of Directors on November 26, 2025. It approved a proposal for the resignation and election of non-independent directors, and the convening of the 2025 Fourth Extraordinary Shareholders Meeting. Mr. Mo Zhaoyang resigned as a non-independent director due to work arrangements but will continue as deputy general manager. He held 63,000 shares of the company. The board proposed Mr. Li Bo as the new non-independent director, with his appointment effective upon shareholder approval until the end of the 8th Board of Directors' term.

The Extraordinary Shareholders Meeting is scheduled for December 12, 2025. It will deliberate on Mr. Mo's resignation, Mr. Li's election, and a proposal to provide loan guarantees for a controlled subsidiary. Shareholders can participate through on-site voting or online via the Shenzhen Stock Exchange trading system and internet voting platform. The equity registration date for the meeting is December 8, 2025.