Shanxi Meino Clean Energy Group Co., Ltd. (hereinafter referred to as "the Company") held the 15th meeting of the third board of directors on August 25, 2025, where it reviewed and approved the proposals regarding the changes to the registered capital and the amendments to the Articles of Association, as well as the revision and formulation of certain corporate governance-related systems. The relevant information is hereby announced as follows:
1. Changes to Registered Capital
At the annual general meeting of shareholders held on April 16, 2025, the Company approved the proposal on the profit distribution and capital reserve conversion plan for the year 2024. Based on a total share capital of 187,579,697 shares, after deducting the 4,050,000 shares held in the repurchase account, the base capital is 183,529,697 shares. A cash dividend of RMB 8.00 (including tax) will be distributed for every 10 shares to all shareholders, with no bonus shares issued, and a capital reserve conversion of 3.00 shares for every 10 shares will be made to all shareholders. On April 29, 2025, this equity distribution plan was fully implemented, increasing the total share capital of the Company from 187,579,697 shares to 242,638,606 shares. Accordingly, the registered capital of the Company will increase from RMB 187,579,697.00 to RMB 242,638,606.00. For specific details, please refer to the "2024 Annual Equity Distribution Implementation Announcement" disclosed on April 22, 2025, on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No. 2025-014).
2. Amendments to the Articles of Association
To further improve the corporate governance structure and promote standardized operations, the Company has amended the current Articles of Association in accordance with the latest provisions of the Company Law of the People's Republic of China, the transitional arrangements for the implementation of the new Company Law issued by the China Securities Regulatory Commission, the "Guidelines for Articles of Association of Listed Companies (2025 Revision)," and the "Shenzhen Stock Exchange Stock Listing Rules," among other relevant laws and regulations, in conjunction with the changes in the registered capital. After the amendments to the Articles of Association are approved by the general meeting of shareholders, the Company will no longer establish a supervisory board or supervisors, and the powers of the supervisory board will be exercised by the audit committee of the board of directors, with the relevant systems of the supervisory board being abolished accordingly.