CMOC (Luoyang Luanchuan Molybdenum Industry Group Co., Ltd.) successfully held the 2023 Shareholders' Annual Meeting in Luoyang on June 7, 2024, and passed multiple resolutions including distribution of final dividends, election of board of directors and board of supervisors. Shareholders and proxies attending the meeting hold 61.67% of the total issued shares, of which A-shareholders and proxies hold 54.08%, and H-shareholders and proxies hold 7.59%. The meeting passed 21 ordinary and multiple special resolutions with one share one vote. These included external investment and related-party transactions, authorization of the board of directors to issue debt financing tools, and confiscation of unclaimed dividends. Additionally, the meeting announced the distribution of a final dividend of RMB 0.15425 per share for the fiscal year ending December 31, 2023, which will...Show More

CMOC (Luoyang Luanchuan Molybdenum Industry Group Co., Ltd.) successfully held the 2023 Shareholders' Annual Meeting in Luoyang on June 7, 2024, and passed multiple resolutions including distribution of final dividends, election of board of directors and board of supervisors. Shareholders and proxies attending the meeting hold 61.67% of the total issued shares, of which A-shareholders and proxies hold 54.08%, and H-shareholders and proxies hold 7.59%. The meeting passed 21 ordinary and multiple special resolutions with one share one vote. These included external investment and related-party transactions, authorization of the board of directors to issue debt financing tools, and confiscation of unclaimed dividends. Additionally, the meeting announced the distribution of a final dividend of RMB 0.15425 per share for the fiscal year ending December 31, 2023, which will be paid on July 26, 2024. The meeting also confirmed the appointment of the seventh board of directors and board of supervisors, whose term will end at the end of the 2026 Shareholders' Annual Meeting. Former independent non-executive directors Wang Yougui, Yan Ye, and Li Shuhua retired due to the expiration of their term, and there were no differences of opinions. The new independent non-executive directors are Wang Kaiguo, Gu Hongyu, and Cheng Yu. The legality of the Shareholders' Annual Meeting was confirmed by Tonglue Law Firm.