SDIC Power Holdings Co.: An Insight into Powerhouse's 2025 EGM Poll Results and Future Path

Published: 17 Apr 2025
Poll results of SDIC Power Holdings Co.'s 2025 Second Extraordinary General Meeting provide a lens into the company's future moves.

The poll results of the 2025 Second Extraordinary General Meeting (EGM) for the energy giant, SDIC Power Holdings Co., LTD. (traded under ‘SDIC’) herald a new phase for the Beijing-based company. Held on 17 April 2025 at Room 207 in Xicheng District of Beijing, the EGM convened 1,145 shareholders and representatives, who collectively held 6,100,904,908 shares with voting rights. This represented a significant 76.22% of all the company’s voting shares. The presiding chairman, Guo Xuyuan, ensured that the voting complied with all legal provisions and associated articles of the Company Law and the Securities Law.

There were two proposals on the table, and both saw a goal. The first proposal was about providing a guarantee for BWFL Company. It secured an overwhelming ‘yes’ vote with a ratio of 99.32%, clearing the pathway for the company’s financial backing. Only a minute percentage (0.63%) prohibited the resolution.

SDIC’s meeting provides a harbinger of the company’s thrust towards its goals. The poll results endorse the stakeholders’ faith in its strategic moves, opening up prospects for novel developments.