Tibet Mineral Development shareholders approve governance revisions at EGM

Tibet Mineral Development convened its second extraordinary general meeting of 2025 on November 27, 2025, in Lhasa, Tibet Autonomous Region. The meeting, presided over by vice chairman Ms. Nila, facilitated shareholder participation through a physical venue and online voting. A total of 605 shareholders and shareholder representatives attended, holding 112,431,510 voting shares, representing 21.5874% of the company's total effective voting shares.

The meeting successfully approved two key proposals. The first, concerning revisions to the company's articles of association, passed with 97.9238% of votes in favor (110,097,167 shares), 2.0085% against (2,258,243 shares), and 0.0677% abstentions (76,100 shares). The second proposal focused on amending certain company systems, including the "Shareholder Meeting Rules" and "Board of Directors Meeting Rules," also received approval.

Specifically, the "Shareholder Meeting Rules" amendment passed with 97.8968% approval (110,066,867 shares) and the "Board of Directors Meeting Rules" amendment passed with 97.9233% approval (110,096,667 shares). Beijing Jinkai (Chengdu) Law Firm, represented by lawyers He Pengkang and Zhu Yongliang, provided a legal opinion confirming that the meeting complied with relevant laws, regulations, and the company's articles of association.