Shanxi Taigang Stainless Steel to hold 2025 extraordinary general meeting

Shanxi Taigang Stainless Steel Co., Ltd. will convene its second extraordinary general meeting of shareholders for 2025 on December 19, 2025, at 2:30 p.m. The meeting, called by the company's board of directors, will involve both in-person attendance at the Garden International Hotel in Taiyuan and online voting. The equity registration date for eligible shareholders is December 12, 2025.

Key agenda items include the election of six non-independent directors and four independent directors, along with the appointment of the financial report and internal control audit institutions for 2025. Shareholder proposals also involve revisions to the company's articles of association and governance policies, including the "Rules of Procedure for the Board of Directors," "Rules of Procedure for Shareholder Meetings," and "Independent Director System."

Additionally, shareholders will vote on several related-party transactions for 2026, such as an estimated agreement for daily operations, a raw and auxiliary material supply framework agreement with Taiyuan Iron and Steel (Group) Co., Ltd., and a renewal of the financial services agreement with Baowu Group Finance Co., Ltd. Proposals 7, 8, and 9, which relate to these transactions, require associated related-party shareholders to abstain from voting.