Summary by Futu AI
LONGYUAN ELECTRIC SUCCESSFULLY HELD ITS FIFTH EXTRAORDINARY GENERAL MEETING IN BEIJING ON 29 DECEMBER 2023. THE MEETING WAS CHAIRED BY MR. WANG YI KUO, A NON-EXECUTIVE DIRECTOR. The shareholders in attendance represented approximately 76% of the voting shares and passed four resolutions including the Comprehensive Products and Services Purchase Framework Agreement and its proposed year ceiling for 2024 to 2026. National Energy Group and its affiliates, Ping Coal Group and Liaoning Electric Power, abstained from voting due to significant interests. ALL RESOLUTIONS PASSED WITH 100% APPROVAL AND ABSTENTION VOTES ARE NOT COUNTED FOR VOTES. In addition, the company has signed an integrated product and service purchasing framework agreement with the National Energy Group.