Shanxi Installation Group Co., Ltd. reported 100% shareholder support for every item on the agenda at its 2025 Annual General Meeting (AGM) held on 26 June 2026 in Shanxi Province. A total of 1.37 billion voting shares—representing 99.84% of the company’s issued share capital—were present in person or by proxy.
Key decisions: • All eight ordinary resolutions, including the 2025 annual report, Board work report, profit distribution plan, director remuneration, 2026 credit-facility guarantees, authorisation to issue corporate credit bonds, re-appointment of the 2026 auditor and a change in use of IPO proceeds, were approved with 100% of votes cast in favour. • A special resolution granting the Board a general mandate to issue shares also passed unanimously, comfortably exceeding the two-thirds majority requirement.
Change in use of IPO proceeds: Shareholders endorsed reallocating funds originally earmarked for wind-power projects—delayed by extended approval timelines and local land-policy adjustments—to water treatment and solid waste disposal projects that have clearer near-term funding needs. Management highlighted that the shift is intended to avoid idle capital and accelerate investment returns without altering the company’s long-term wind-power strategy.
Dividend details: • Final cash dividend for FY2025: RMB0.2038 per 10 shares (tax inclusive). • H-share holders will receive HK$0.2343 per 10 shares, based on an average RMB/HKD exchange rate of 1.1498. • Record date: 13 July 2026; share register closed 6–13 July 2026. • Payment date: on or before 20 August 2026. • The company will withhold taxes on dividend payments in accordance with PRC regulations, differentiating between individual and enterprise shareholders.
No treasury or repurchased shares existed as of the meeting date, ensuring the full voting rights of 1.37 billion outstanding shares were exercised. Computershare Hong Kong Investor Services acted as scrutineer, and the meeting procedures complied with Hong Kong Listing Rules and the company’s Articles of Association.