Result of 2024 4th EGM

China Yangtze Power Co. Ltd.

31 December 2024

 

China Yangtze Power Co., Ltd.

Announcement on Resolutions of the Fourth Extraordinary General Meeting in 2024

This announcement contains the English translation of the Chinese version of China Yangtze Power Co.,Ltd. Announcement on Resolutions of the Fourth Extraordinary General Meeting in 2024 as published on the website of the Shanghai Stock Exchange, and is provided for your reference only. In case of discrepancy between the Chinese version and the English version, the Chinese version shall prevail.Important Notes:

Important Notes:

l Whether there is veto of a proposal at this meeting: no

I. Convening and Attendance of the Meeting

(I)  Time: December 30, 2024

(II) Address: Conference Room 4205, No. 88 Sanyang Street, Jiangan District, Wuhan City, Hubei Province

(III) Common shareholders present at the meeting and preferred shareholders with resumed voting rights and their holdings:

1. Number of shareholders and representatives present at the meeting	5,561
2. Sum of shares with voting rights held by the shareholders present at the meeting (share)	17,701,733,940
3. Proportion of shares with voting rights held by the shareholders present at the meeting in all voting shares of the Company (%)	72.3458

(IV) Whether the voting method complies with the provisions of the Company Law and the Articles of Association, and the presiding situation of the General Meeting.

The convening and holding form and procedures of the General Meeting comply with the relevant provisions of the Company Law, Securities Law, Articles of Association of China Yangtze Power Co., Ltd., and the Procedural Rules for General Meetings of China Yangtze Power Co., Ltd.; the resolutions of the meeting are lawful and effective. Director Zhang Xingliao presided over the meeting.

(V) Attendance of company directors, supervisors, and the secretary of the Board of Directors

1.   There are 11 incumbent directors in the Company; 1 persons attended the meeting (Zhang Xingliao); directors including Liu Weiping, Hu Weiming, Wang Hong, Teng Weiheng, Su Tianpeng, Hong Meng, Huang Delin, Huang Feng, Li Wenzhong and Sun Zhengyun were not present due to work reasons;

2.   There are 7 incumbent supervisors in the Company; 1 person attended the meeting (Huang Xun); supervisors including Zeng Yi, Xia Ying, Sheng Xiang, Tan Ke,  Ma Zhitao and Lu Jinsong were not present due to work reasons;

3.   Zhan Pingyuan, CFO, Xue Ning, Secretary of the Board of Directors of the Company, and Pan Jing, General Counsel attended the meeting.

II.   Proposal Review

(I)  Voting on non-cumulative voting proposal

1.   The Company's interim profit distribution plan for 2024

Voting result: Adopted

Voting:

Type of shareholder	Agree		Against		Abstain from voting
	Number of votes	Proportion (%)	Number of votes	Proportion (%)	Number of votes	Proportion (%)
A shares	17,694,957,504	99.9617	6,477,026	0.0366	299,410	0.0017

2.   Name of the proposal: Proposal to engage an auditor for the 2024 financial statements

Voting result: Adopted

Voting:

Type of shareholder	Agree		Against		Abstain from voting
	Number of votes	Proportion (%)	Number of votes	Proportion (%)	Number of votes	Proportion (%)
A shares	17,643,599,652	99.6716	37,884,248	0.2140	20,250,040	0.1144

(II) Voting by shareholders of less than 5% involving material matters

Proposal No.	Proposal	Agree		Against		Abstain from voting
		Number of votes	Proportion (%)	Number of votes	Proportion (%)	Number of votes	Proportion (%)
2	Proposal to engage an auditor for the 2024 financial statements	5,310,438,641	98.9171	37,884,248	0.7057	20,250,040	0.3772

III.  Lawyer Witness

1.   The law firm for authentication of the General Meeting: Beijing DeHeng Law Offices

Lawyers: Yang Xinghui and Wang Xi

2.   Witness conclusions and opinions of the lawyers:

The lawyers of the law firm believe that the convening and holding procedures of the meeting, the qualification of participants and the convener, the proposal and voting procedures of the meeting, and the voting results comply with various laws and regulations and normative documents such as Company Law, Securities Law, and Rules for the General Meeting, and the relevant provisions of the Articles of Association. The resolutions passed at the meeting are lawful and effective.

It is hereby announced.

Board of Directors of China Yangtze Power Co., Ltd.

December 31, 2024

 

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