Meijin Energy shareholders approve related-party guarantees amidst restructuring

Shanxi Meijin Energy Co., Ltd. announced that its Fifth Extraordinary General Meeting of Shareholders, held on December 26, 2025, approved the "Proposal 1.00 Regarding Related-Party Guarantees Passively Formed by Changes in the Scope of Consolidation." No proposals were rejected.

Overall, 1,673,785,121 shares, representing 99.5692% of the total valid voting shares present, voted in favor of the proposal. There were 5,501,570 dissenting votes (0.3273%) and 1,740,800 abstentions (0.1036%). Among small and medium shareholders, 27,663,535 shares (79.2517%) voted for the proposal, with 5,501,570 shares (15.7611%) against and 1,740,800 shares (4.9871%) abstaining.

The meeting saw 1,646,121,586 shares (37.3822%) represented on-site by one shareholder or authorized representative, and 34,905,905 shares (0.7927%) represented by 1,293 shareholders or authorized representatives via online voting. Guohao Law Firm (Taiyuan) confirmed the legality and validity of the meeting's procedures and resolutions.