Zangge Mining Successfully Holds 2024 Annual General Meeting of Shareholders

On April 18, 2025, Zangge Mining Co., Ltd. (“the Company”) successfully held its 2024 Annual General Meeting of Shareholders at the Group headquarters. The meeting was conducted through a combination of on-site attendance and online voting, attracting active participation and strong attention from shareholders, who collectively witnessed the company’s achievements over the past year and discussed its future development plans.

High Participation Confirms Market Recognition; Shareholders Align to Drive Growth

A total of 217 shareholders and shareholder proxies attended the meeting, representing 924,337,675 shares, or 59.24% of the company’s voting shares, demonstrating investors’ close attention to the company’s governance and future development. Among them, 14 on-site shareholders and proxies represented 598,803,218 shares, or 38.38%, setting a new high in recent years for on-site shareholder participation and reflecting core shareholders’ strong recognition of the company’s long-term value.

In a solemn meeting atmosphere, shareholders carefully reviewed and approved 12 proposals, including the 2024 Annual Report (full text and summary), 2024 Board of Directors’ Work Report, 2024 Supervisory Board Work Report, 2024 Financial Statements, 2025 Financial Budget Plan, and 2024 Profit Distribution Plan. All proposals were passed with a high proportion of affirmative votes, reflecting shareholders’ strong confidence in the company’s governance and the alignment between management’s strategic planning and shareholder expectations, laying a solid foundation for future development.

In-Depth Interaction Addresses Core Concerns; Transparent Governance Demonstrates Accountability

During the shareholder discussion session, participants engaged in lively dialogue on core topics, including lithium and potassium resource development, key project progress, technological innovation, and changes in company control. The executive team, led by President Xiao Yao, responded comprehensively and transparently from both strategic and operational perspectives, conveying the company’s firm confidence in stable growth. This high-quality interaction not only demonstrates Zangge Mining’s transparent and standardized corporate governance but also underscores the mutual trust and shared value recognition between management and investors, establishing a solid foundation for long-term sustainable development and investor relations.

Strengthening Development Confidence; Charting a Blueprint for High-Quality Growth

The successful convening of the Annual General Meeting highlights Zangge Mining’s strategic focus and resilience in the lithium and potassium resource sector, as well as the deep trust and shared value recognition between the company and its shareholders. By fostering consensus and collaborative development, the meeting clearly signaled the company’s determination to advance its strategic initiatives and continuously enhance shareholder value. Looking ahead, the company will further deepen communication with investors, continuously optimize its governance system, and pursue high-quality development. In doing so, Zangge Mining aims to deliver sustainable, stable, long-term returns to investors, while contributing to the high-quality growth of the lithium and potassium resource industry.