Yunnan Aluminium shareholders approve subsidiary acquisitions and fundraising changes

Yunnan Aluminium shareholders, in their fourth extraordinary general meeting of 2025 on December 22, approved two key proposals. The first, regarding the acquisition of partial equity in its controlled subsidiaries held by Yunnan Metallurgical Group, passed with 99.9823% of votes. The second proposal, which involves modifying and concluding certain fundraising projects and reallocating funds to acquire Yunnan Metallurgical Group's 28.7425% stake in Yunlv Yongxin, also passed with 99.9760% of votes. Both matters were categorized as connected transactions, with associated parties abstaining from voting.

Separately, the ninth board of directors' twenty-first meeting on December 22, 2025, approved the realization of the 2024 annual salaries for the company's senior management. The total amount distributed to senior management, including the party committee deputy secretary Wang Jianqing, vice general managers Ning Degang and Zhan Yonggang, former party committee secretary Ji Shujun, former general manager Li Guowei, former cfo and board secretary Zheng Lihai, former vice general manager Chen Deqing, former party committee deputy secretary Jiao Yun, and former chief legal officer Wu Yong, amounted to CNY 1,375,660. The resolution was passed unanimously by the 11 board members.