Zangge Mining 2024 Annual General Meeting Successfully Held

On April 18, 2025, Zangge Mining Co., Ltd. (hereinafter referred to as "the Company") successfully held its 2024 Annual General Meeting of Shareholders at the Group headquarters. The meeting combined on-site attendance with online voting, attracting active participation and keen attention from shareholders. All parties jointly witnessed the Company’s achievements over the past year and mapped out the blueprint for future development.

High Participation Reflects Market Recognition; Shareholder Consensus Fuels Development Momentum

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

In the solemn meeting atmosphere, shareholders carefully reviewed and approved 12 proposals, including the full text and summary of the 2024 Annual Report, the 2024 Board of Directors Work Report, the 2024 Supervisory Board Work Report, the 2024 Financial Statements, the 2025 Financial Budget Plan, and the 2024 Profit Distribution Plan. All proposals passed with high approval rates. This outcome not only reflects shareholders’ strong recognition of the effectiveness of the company’s governance but also signifies the alignment of management’s strategic planning with shareholder expectations, laying a solid foundation for future development.

In-Depth Interaction Addresses Key Concerns; Transparent Governance Highlights Responsibility

During the shareholder exchange session, participants engaged in lively discussions on key topics such as lithium and potash resource development, major project advancement, technological innovation, and changes in company control. Led by President Xiao Yao, the executive team responded comprehensively and transparently, addressing both strategic perspectives and operational details, sending a clear message of the company’s confidence in stable growth. This high-quality interaction not only demonstrated Zangge Mining’s standardized and transparent governance but also reinforced the deep mutual trust and shared value recognition between management and investors, establishing a strong foundation for long-term sustainable development.

Strengthening Development Confidence; Mapping a High-Quality Growth Blueprint

The successful convening of this Annual General Meeting fully highlighted Zangge Mining’s strategic determination and resilience in the lithium and potash resource sectors, as well as the deep mutual trust and shared value established with investors. This consensus-building and development-focused meeting clearly conveyed the company’s commitment to advancing its strategic layout and continuously enhancing shareholder value. Looking ahead, the company will further strengthen communication with investors, continuously optimize its governance system, and pursue high-quality growth that shares value with shareholders, while actively contributing Zangge’s capabilities to the high-quality development of the lithium and potash resource industry.