LING STEEL(SH:600231) Zheng Quan Zhi Xing·2025-06-30 16:34Core Viewpoint - The legal opinion letter confirms that the procedures for the shareholders' meeting of Lingyuan Steel Co., Ltd. comply with Chinese laws and regulations, as well as the company's articles of association [2][6]. Group 1: Shareholders' Meeting Procedures - The shareholders' meeting was convened on June 30, 2025, following a resolution passed by the board of directors on June 12, 2025, and the notice was published on June 13, 2025 [2][3]. - The notice included details such as the meeting time, location, agenda, voting procedures, and registration methods for shareholders [2][3]. Group 2: Meeting Attendance and Voting - A total of 3 shareholders attended the meeting in person, representing 1,066,380,166 shares, which is 37.8306% of the total voting shares [3][4]. - Additionally, 204 shareholders participated via online voting, representing 938,529,998 shares, or 33.2950% of the total voting shares [3][4]. Group 3: Resolutions Passed - Four resolutions were discussed and approved during the meeting, including the cancellation of the supervisory board, amendments to the articles of association, the merger with a wholly-owned subsidiary, and adjustments to related party transaction amounts for 2025 [3][5]. - The voting results for the resolutions were as follows: - Resolution to cancel the supervisory board: 2,003,707,454 shares in favor [5]. - Resolution to amend the articles of association: 1,996,592,674 shares in favor [5]. - Resolution for the merger: 2,004,171,314 shares in favor [5]. - Resolution to adjust related party transactions: 342,700,019 shares in favor [5][6]. Group 4: Legal Compliance - The legal opinion confirms that the convening, attendance, and voting procedures of the shareholders' meeting were in accordance with Chinese laws and the company's articles of association [6].