Yunnan Copper shareholders approve key capital increases for subsidiaries

Yunnan Copper held its fifth extraordinary general meeting of shareholders for 2025 on December 1, 2025, where shareholders approved two key proposals. The first proposal, "On the Capital Increase and Connected Transaction for Yunnan Copper (Hong Kong) Co., Ltd.," garnered 97.6165% of votes in favor. The second proposal, "On the Capital Increase and Connected Transaction for China Copper International Trading Group Co., Ltd.," also passed with 97.6110% of votes in favor.

Both resolutions involved related party transactions, necessitating the recusal of voting by related shareholders, including Yunnan Copper (Group) Co., Ltd. (holding 637,469,718 shares) and China Aluminum Group Co., Ltd. (holding 39,736,165 shares).

The meeting, convened by the tenth board of directors and chaired by vice chairman Sun Chengyu, was held both physically at the company's headquarters and via online voting through the Shenzhen Stock Exchange. A total of 1,563 shareholders, representing 89,222,065 shares or 4.4530% of the voting shares, participated. Beijing Dacheng (Kunming) Law Firm confirmed the legality and validity of the meeting.

The approval allows Yunnan Copper to proceed with strategic capital increases for its Hong Kong and International Trading Group subsidiaries, reinforcing its operational and financial structures.