2022 annual general meeting of CYPC is successfully held

2022 annual general meeting of CYPC is successfully held

2023-05-29

On May 23, the 2022 annual general meeting of CYPC was held in Wuhan, which was chaired by Ma Zhenbo, Vice Chairman of CYPC, and attended by independent director Huang Delin, CFO Zhan Pingyuan, employee supervisor Huang Xun, board secretary Xue Ning, and the heads of relevant department.<_o3a_p>

A total of 324 shareholders (representatives) attended the general meeting, holding a total of approximately 18.193 billion shares, which accounts for 74.35% of the company's 24.468 billion shares. The meeting approved 13 proposals, including the 2022 Work Report of the Board of Directors of the Company, 2022 Work Report of the Board of Supervisors of the Company, 2022 Profit Distribution Plan of the Company, 2022 Annual Report of the Company, 2022 Financial Accounts and 2023 Budget Report of the Company, and listened to the 2022 Work Report of Independent Directors of the Company.<_o3a_p>

At the meeting, the company's management and attending shareholders (representatives) had discussions on development strategies, power production, power consumption, and new business expansion. The shareholders and shareholders' representatives fully affirmed the business development achievements of the company in 2022, believing that the company has stood multiple tests such as extreme drought in the Yangtze River Basin in the past year, so their achievements were hard-won. At the same time, the board of directors, board of supervisors, and management have fulfilled their duties in accordance with the law and regulations, and effectively implemented the resolutions of the general meeting. The company hoped that the management would make persistent efforts to achieve the 2023 business goals and create satisfactory returns for the shareholders.<_o3a_p>

The management said that CYPC would continue to focus on its main responsibilities and businesses, adhere to value orientation, continue to tap potential both internally and externally, deeply explore in areas such as hydropower, pumped storage, smart comprehensive energy, new energy, and international business, promote the company's key work in a coordinate manner, accomplish various goals and tasks with both quality and quantity guaranteed, share the achievements of enterprise development with investors, and jointly build a world-class listed company.