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

On May 22, 2025, Zangge Mining Co., Ltd. (hereinafter referred to as the “Company”) successfully held its first extraordinary general meeting of shareholders for 2025 at the 19th floor conference room, Building 2, No. 1199 North Section of Tianfu Avenue, Chengdu High-tech Zone. This meeting was highly significant, representing a key milestone in the company’s development and marking the beginning of a new phase in its corporate governance structure.

At the meeting, shareholders jointly reviewed and approved the core agenda item of board restructuring, resulting in the formation of the company’s new Board of Directors. The newly elected board members possess extensive experience in mineral resource development, capital operations, and corporate management. Their appointment significantly optimizes the board’s professional composition and decision-making efficiency, advancing corporate governance toward a more standardized and scientific model, and laying a solid organizational foundation for the company’s future strategic development.

Following the successful conclusion of the shareholders’ meeting, Zangge Mining promptly held the first meeting of its 10th Board of Directors. During the meeting, the Chairman and Vice Chairman were elected, and senior management appointments were completed, further improving the company’s management team structure and laying a solid foundation for future development. The new leadership team combines deep industry expertise with a broad vision for innovative growth. By clarifying departmental and individual responsibilities and strengthening professional management capabilities, they not only optimize corporate governance but also provide comprehensive organizational and talent support for the implementation of strategic plans.

Additionally, the board reviewed and approved important proposals, including the revision of internal regulations and adjustments to the company’s organizational structure. The organizational adjustment is a key measure to deepen management reforms. By systematically integrating overlapping functions and streamlining redundant departments, the company has achieved more efficient allocation of management resources. Meanwhile, three specialized departments, including the Safety, Environmental Protection, and ESG Office, were newly established, highlighting the company’s commitment to sustainable development under the guidance of the “dual carbon” goals. These adjustments streamline the organizational hierarchy, significantly improve management efficiency, and build a more agile, efficient, and clearly accountable organizational system, laying a solid foundation for high-quality development in a complex and dynamic market environment.

Under the leadership of newly appointed Chairman Wu Jianhui and the new executive team, Zangge Mining officially embarks on a new chapter of high-quality development with a refreshed governance structure and efficient execution team. This leadership team, comprising industry veterans and innovative pioneers, will leverage its “pragmatic + enterprising” dual strengths to continue focusing on core mineral resources and deepen the industrial chain layout. Standing at this new historical starting point, Zangge Mining aims to seize opportunities amid the global energy transformation with more agile decision-making and professional operational capabilities, creating sustainable value returns for its investors.