Baosteel(SH:600019) Zheng Quan Zhi Xing·2025-08-08 16:24Core Viewpoint - The legal opinion confirms that the procedures for convening and holding the 2025 third extraordinary general meeting of Baoshan Iron & Steel Co., Ltd. comply with relevant Chinese laws and regulations, as well as the company's articles of association [3][8]. Group 1: Meeting Procedures - The notice for the meeting was published on July 24, 2025, in accordance with the requirements of Chinese laws and regulations, and the notice was issued 15 days prior to the meeting date [5][6]. - The meeting utilized a combination of on-site and online voting methods, with specific time slots designated for online voting on the day of the meeting [4][5]. Group 2: Voting Participation and Qualifications - A total of 7 shareholders (including proxies) participated in the on-site voting, representing 9,631,396,016 shares, which is 45.05% of the total shares with voting rights [6]. - The total number of participants in both on-site and online voting was 1,115, ensuring compliance with the qualifications set forth by Chinese laws and the company's articles of association [6][7]. Group 3: Voting Procedures and Results - The meeting reviewed several proposals, including the cancellation of the supervisory board and amendments to the company's articles of association, with specific voting procedures established for cumulative voting on certain proposals [6][7]. - The results indicated that the proposals were passed with the required majority, including a special resolution that achieved over two-thirds of the voting rights [7][8].