CHINA LONGYUAN held the 3rd Extraordinary Shareholder Meeting of 2024 on December 20, 2024, chaired by Chairman Gong Yufei. This shareholder meeting conducted voting through a combination of on-site and online methods, with a total of 263 shareholders and shareholder representatives present, representing 67.79% of the shares.The meeting deliberated and approved three proposals: a proposal concerning the submission of a conditional effectiveness letter of supplementary commitment to avoid competition by the controlling shareholder of the company (Part Two), a proposal for the election of Mr. Wang Yong as a non-executive director of the company's 5th Board of Directors, and a proposal regarding providing guarantees for the medium and long-term debt financing of the wholly-owned subsidiary of CHINA LONGYUAN. Among these, the...Show More

CHINA LONGYUAN held the 3rd Extraordinary Shareholder Meeting of 2024 on December 20, 2024, chaired by Chairman Gong Yufei. This shareholder meeting conducted voting through a combination of on-site and online methods, with a total of 263 shareholders and shareholder representatives present, representing 67.79% of the shares.The meeting deliberated and approved three proposals: a proposal concerning the submission of a conditional effectiveness letter of supplementary commitment to avoid competition by the controlling shareholder of the company (Part Two), a proposal for the election of Mr. Wang Yong as a non-executive director of the company's 5th Board of Directors, and a proposal regarding providing guarantees for the medium and long-term debt financing of the wholly-owned subsidiary of CHINA LONGYUAN. Among these, the proposal for Mr. Wang Yong to be elected as a non-executive director of the company's 5th Board of Directors received 98.72% approval votes.Zhong Lun Law Firm in Peking issued a legal opinion, stating that the convening, procedural adherence, qualifications of attendees, qualifications of the convener, voting procedures, and voting results of this shareholder meeting all comply with relevant laws and regulations as well as the company's articles of association, thus the voting results are legal and valid.