Highlights

• Northern Rare Earth (Group) High-Tech Co., Ltd. held its 4th Board of Supervisors meeting via remote vote on July 2, 2025.
• The company approved an equity transfer of its controlling stake in Hebei Northern Rare Earth Huakai High-Tech Co., Ltd.
• Supervisors finalized the 2024 wage execution.
• The salary base was set for 2025, reflecting ongoing operational streamlining.

Northern Rare Earth (Group) High-Tech Co., Ltd. (opens in a new tab) (SSE: 600111) announced key resolutions from the 4th meeting of its 9th Board of Supervisors, held via remote vote on July 2, 2025. All seven supervisors participated, and the meeting complied with PRC Company Law and corporate governance rules.

The board unanimously approved two resolutions:

1. Equity Disposal: The company will transfer its controlling stake in Hebei Northern Rare Earth Huakai High-Tech Co., Ltd.. While terms were not disclosed, this move aligns with Northern Rare Earth’s broader strategic portfolio optimization.
2. Salary Review: Supervisors also approved the company’s 2024 wage execution and set the salary base for 2025.

These decisions reflect Northern Rare Earth’s ongoing efforts to streamline operations and maintain financial discipline in the face of evolving market conditions.

A full record of the meeting is available for review on the Shanghai Stock Exchange disclosure platform.

http://static.sse.com.cn/disclosure/listedinfo/announcement/c/new/2025-07-03/600111_20250703_EUOJ.pdf (opens in a new tab)