Shenzhen Energy shareholders approve bond issuance plans

Shenzhen Energy Group Co., Ltd. held its third extraordinary general meeting of shareholders for 2025 on December 24, 2025. A total of 553 shareholders, representing 3,574,114,814 shares, or 75.1276% of the total voting shares, participated. All proposals were passed.

Key resolutions approved included the company's eligibility for public bond issuance, with 99.5682% of votes in favor. The specifics of the bond issuance, such as the scale, type, face value, pricing, and maturity, also received strong approval, with favorable votes ranging from 99.5530% to 99.5669%. The use of proceeds for the bonds was approved by 99.5530% of shareholders.

The meeting also authorized the board of directors, or designated individuals, to manage all related matters concerning the public bond issuance. The legal opinion from Grandall Law Firm (Shenzhen) confirmed that the meeting's convening, procedures, and resolutions were in compliance with relevant laws and company articles.