Group 1 - The fourth extraordinary general meeting of Shanghai Electric Power Co., Ltd. was held on December 16, 2025, at Shanghai Tiancheng Hotel [2] - The meeting was chaired by independent director Mr. Zhou Zhiyan, with attendance from one of the 13 current directors and key management personnel [3][4] - The meeting adopted resolutions for financing and auditing, including a proposal for perpetual trust financing not exceeding 4.2 billion yuan [5] Group 2 - The meeting confirmed that there were no rejected resolutions and all voting procedures complied with legal and regulatory requirements [2][5] - The law firm Shanghai Dongfang Huayin Law Firm provided legal witness services, confirming the legality and validity of the meeting's proceedings [6]

Group 1 - The company will hold its fourth extraordinary general meeting of shareholders on December 16, 2025, at 14:00 in Shanghai [1][3] - Voting will be conducted through a combination of on-site and online methods, with specific time slots for each [1][5] - Shareholders must register to attend the meeting, with registration open from December 11, 2025 [11][12] Group 2 - The company plans to conduct a perpetual trust financing of up to 4.2 billion yuan, which requires shareholder approval [22][24] - The financing will be directed towards domestic thermal power and renewable energy projects [24][36] - The transaction is classified as a related party transaction due to the involvement of the controlling shareholder [22][25] Group 3 - The company intends to reappoint Zhonghui Certified Public Accountants as its auditing firm for the year 2025 [39][40] - Zhonghui has a strong track record, with 694 registered accountants and a revenue of 1.014 billion yuan in 2024 [41][42] - The reappointment process has been approved by the company's audit and risk committee and requires shareholder approval [47][48] Group 4 - The company has approved a proposal to consolidate its subsidiary Xinjiang Shenyuan Energy Co., Ltd. under Xinjiang Energy Chemical Co., Ltd. [75][76] - This consolidation aims to leverage local advantages and optimize resource allocation [82][83] - The transaction has been reviewed and approved by the board, ensuring compliance with regulations [83][84]