Hubei Energy Group shareholders approve audit firm and governance changes

Hubei Energy Group shareholders, at their fourth extraordinary general meeting, approved the appointment of the 2025 audit firm. The resolution passed with 99.9076% of votes in favor, representing 5,659,068,930 shares. The meeting, held on December 12, 2025, included both in-person and online participation, with 290 attendees representing 80.0112% of shares with voting rights.

Concurrently, the tenth board of directors held its thirteenth meeting, approving several organizational and governance adjustments. The board passed resolutions on the 2024 salary income clearance and 2025 salary budget plan, and approved revisions to the company's organizational structure, the "Board of Directors Authorization Management Measures," "Board of Directors Authorization Decision Plan," and "Investment Management System." These changes aim to enhance management effectiveness and investment quality.

The board also approved a restructuring of the company's departments to 14 core units and 6 direct-reporting institutions. These strategic adjustments, designed to meet evolving management needs and improve operational efficiency, were unanimously approved by all nine directors present.