On 27 October, Yankuang Energy Group Company Limited (“Yankuang Energy”) convenes the first extraordinary general meeting in year 2023, at which, profit distribution policy and the amendments to the Articles of Association were reviewed and approved.

Li Wei, Chairman of Yankuang Energy chaired the meeting. He said that given the world political and economic environment remain intricate and changing and the global energy structure gains speed in transformation, Yankuang Energy has closely communicated and worked in hand with the majority shareholders, and decisively adopted a series of unconventional and targeted work measures to effectively solve or mitigate the adverse effects, and laid a solid foundation and strength for the Company’s long-term development.

Li Wei expressed that the reform and development of Yankuang Energy is inseparable from the full support of the shareholders. The Company will adhere to the concept “value shareholders’ interest and share results with shareholders”, firmly believe in being better and stronger and will work harder to realize the goals for year 2023, and continuously improve returns to shareholders with more sincerity and better solutions, make every effort to build the Company into a first-class enterprise that investors fully trust and the society respects and recognizes.

The A-share and H-share shareholders, the senior management of the Company, the heads of relevant departments, and some representatives of intermediaries attended the meeting.