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On the afternoon of May 7, 2026, Sinomine Resource Group Co., Ltd. (hereinafter referred to as “Sinomine”) held its 2025 Annual General Meeting through a combination of on-site and online voting.
A total of 548 shareholders and shareholder representatives attended the meeting, representing 24.2223% of the Company’s total voting shares. Among them, 11 shareholders and shareholder representatives attended the meeting in person, representing 13.6952% of the Company’s total shares.
The meeting reviewed eight proposals, including the 2025 Report of the Board of Directors, the 2025 Profit Distribution and Capital Reserve Conversion Plan, the proposal on appointing the Company’s auditor for 2026, the proposal on applying for comprehensive credit facilities from financial institutions in 2026, the proposed external guarantee limits for the Company and its subsidiaries in 2026, and the proposal on conducting foreign exchange hedging, commodity futures and options trading, and derivatives hedging.
The meeting also elected members of the Seventh Board of Directors. Wang Pingwei, Ou Xuegang, Wu Zhihua, Zhang Jinwei, Zhang Yinfang, and Qian Xiujuan were elected as non-independent directors, while Zhang Da, He Liaoyuan, and Song Shunlin were elected as independent directors.
All proposals submitted to the meeting received approval from more than half of the voting shares represented by the shareholders and shareholder representatives present. The resolutions were therefore duly passed in accordance with applicable laws, administrative regulations, departmental rules, regulatory documents, and the Company’s Articles of Association.
On the morning of May 8, the Company held the first meeting of the Seventh Board of Directors. Following deliberation and voting, the Board adopted the following resolutions:
Wang Pingwei was elected Chairman and appointed President of the Company.
Members of the Board’s four specialized committees—the Audit Committee, Remuneration and Appraisal Committee, Nomination Committee, and Strategy and ESG Committee—were elected.
Zhang Jinwei was appointed Secretary to the Board.
Zhang Jinwei, Jiang Yanlong, Wang Zhiwei, Zeng Xiangyang, and Xie Tian were appointed Vice Presidents.
Jiang Yanlong was appointed Chief Financial Officer.
Cao Fangyi was appointed Securities Affairs Representative.
Zhang Xiaogang was appointed Head of Internal Audit.
The terms of office of all appointees will be the same as that of the Seventh Board of Directors.
At the meeting, Chairman and President Wang Pingwei spoke highly of the outstanding contributions made by the Sixth Board of Directors during its term, noting that the Company had achieved significant progress in operating performance, market value management, compliance, and corporate governance.
Members of the Seventh Board and the newly appointed senior management team expressed strong confidence in the Company’s future. They pledged to fulfill their duties with diligence, work together with unity and commitment, and continue striving for new achievements.
