According to Gansu Energy & Chemical's announcement, the company's first extraordinary shareholders' meeting in 2026 reviewed and approved all proposals relating to the purchase of 100% shares of Gansu Nenghua Jinchang Energy & Chemical Development Co., Ltd. held by Gansu Energy & Chemical Investment Group Co., Ltd., including matters such as transaction plans, draft transaction reports, signing of agreements, and fair pricing. This transaction does not constitute a major asset restructuring, does not constitute a restructuring and listing, and constitutes a related transaction. Beijing Deheng Law Firm issued a legal opinion, finding that the procedures for convening and holding this shareholders' meeting, the qualifications of participants, voting procedures and results were all legal and valid.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.