Inner Mongolia Electric Power Investment Energy shareholders approve asset restructuring, fundraising

Inner Mongolia Electric Power Investment Energy Co., Ltd. held its sixth extraordinary general meeting of shareholders for 2025 on December 18, 2025. The meeting saw 193 shareholders, representing 1,680,996,420 shares or 74.9918% of total voting shares, participate through a combination of on-site and online voting. Key proposals regarding the issuance of shares, cash acquisition of assets, and related fundraising were overwhelmingly approved.

Notably, Proposal 1.00, concerning the issuance of shares, cash purchase of assets, and related fundraising, was approved with 418,236,964 shares in favor (97.0447%), 12,724,935 shares against (2.9526%), and 11,800 shares abstaining (0.0027%). Other crucial proposals, including the transaction's overall plan, specific arrangements for share issuance, pricing, lock-up periods, and the allocation of undistributed profits, also received strong shareholder backing.

The resolutions included approvals for the transaction's legal compliance and the authorization of the board of directors to handle related matters. A significant number of resolutions, including those related to the issuance of shares and cash acquisitions, passed with over two-thirds of the effective voting rights.