Shengxin Lithium Energy shareholders approve related-party transactions, cooperation agreements

Shengxin Lithium Energy Group Co. announced resolutions from its third extraordinary general meeting of shareholders for 2025, held on December 4, 2025. The meeting, attended by 913 shareholders representing 249,703,808 voting shares (28.5802% of total voting shares), saw all proposed resolutions passed.

Key approvals included a "Framework Agreement for Cooperation on Lithium Salt Products and Related Transactions," which received 99.9521% approval. Additionally, the meeting approved the "Forecast for New Daily Related-Party Transactions in 2025 and 2026," encompassing transactions with BYD, Langsheng New Energy, Langsheng New Materials, CALB, and Huayou Holding Group. For instance, proposed related-party transactions with BYD received 99.9244% approval.

All resolutions concerning related-party transactions were voted on separately by non-affiliated shareholders. Lawyers from Beijing Wanshang Tianqin Law Firm confirmed that the meeting's convening, procedures, and resolutions comply with relevant laws and the company's articles of association.