Zangge Mining Completes Board Restructuring, Embarking on a New Chapter of High-Quality Development

On May 22, 2025, Zangge Mining Co., Ltd. (“the Company”) successfully held its first Extraordinary General Meeting of Shareholders in 2025 at the conference room on the 19th floor, Building 2, No. 1199, North Section of Tianfu Avenue, High-tech Zone, Chengdu. This meeting was of great significance, marking a key milestone in the company’s development and signaling a new stage in its corporate governance structure.

At the meeting, shareholders reviewed and approved the board of directors’ re-election, resulting in the formation of the new board of directors. The new board members bring extensive experience in mineral resource development, capital operations, and corporate management, significantly enhancing the board’s professional composition and decision-making efficiency. This advancement drives governance toward standardization and scientific management, laying a solid organizational foundation for the company’s future strategic development.

Following the successful conclusion of the shareholders’ meeting, Zangge Mining promptly convened the first meeting of the 10th Board of Directors. At this meeting, the Chairman and Vice Chairman were elected, and senior management appointments were completed, further strengthening the company’s management team structure and establishing a stable foundation for ongoing development. The new leadership combines deep industry expertise with a broad vision for innovation and growth. By clearly defining departmental roles and responsibilities and enhancing professional management capabilities, they have optimized corporate governance and provided comprehensive organizational and talent support for implementing strategic plans.

Additionally, the board approved important proposals, including revised regulations and organizational structure adjustments. The restructuring represents a significant step in deepening management reform. By systematically integrating overlapping functions and streamlining redundant departments, the company has achieved concentrated allocation of management resources. Meanwhile, the establishment of three specialized departments, including the Safety, Environmental, and ESG Office, demonstrates the company’s commitment to sustainable development under the dual-carbon objectives. These adjustments streamline organizational layers, improve management efficiency, and create a more agile, accountable, and efficient organizational system, positioning the company for high-quality development in a complex and dynamic market environment.

Under the leadership of the newly appointed Chairman Wu Jianhui and the new management team, Zangge Mining officially begins a new chapter of high-quality development with a refreshed governance structure and efficient execution team. This leadership team, combining mining veterans and innovative pioneers, will leverage its dual strengths of pragmatism and ambition to continue focusing on the core mineral resource business and deepening industrial chain layout. Standing at a new historical starting point, Zangge Mining will use agile decision-making and professional operational capabilities to seize opportunities amid the global energy transformation, creating sustainable value for investors.