Jizhong Energy shareholders approve governance changes, financial transactions

Jizhong Energy Resources Co., Ltd. held its third extraordinary general meeting of shareholders in 2025 on December 8, 2025. A total of 451 shareholders and proxies, representing 2,178,812,318 shares or 61.6608% of voting shares, attended the meeting.

Key proposals approved include the cancellation of the Supervisory Board and amendments to the Articles of Association, which passed with 99.2496% of votes, and the revision of certain governance systems, approved with 99.2464%.

Shareholders also approved the appointment of the accounting firm and payment of its fees with 99.9201% of votes. Projections for 2025 daily related-party transactions and 2026 daily related-party transactions were approved with 99.6867% and 99.6779% respectively. The forecast for the financial company's deposit and loan services and other financial business in 2026 received 98.7401% approval.

Finally, the application for the registration and issuance of short-term financing bills was approved by 99.8956% of the votes. The meeting's procedures and resolutions were deemed valid by Beijing Jindu Law Firm.