Guangzhou Automobile Group shareholders approve bond issuances, other key resolutions

Guangzhou Automobile Group Co., Ltd. announced the poll results of its 2025 Third Extraordinary General Meeting (EGM) held on September 29, 2025. All resolutions, including the proposed issuance of corporate bonds and medium-term notes, were approved by shareholders.

The resolution on the company's eligibility to issue corporate bonds passed as an ordinary resolution with 99.8829% of votes in favor. The special resolution concerning the proposed issuance of corporate bonds, encompassing aspects like size, face value, issue rate, maturity, and use of proceeds, also received strong support, with 99.8824% of votes approving the size of issuance.

Similarly, the special resolution for the proposed issuance of medium-term notes saw high approval, with 99.8817% of votes in favor of the size of issuance. Other approved resolutions included changes to the company's registered capital, amendments to the articles of association, and revisions to the rules of procedures for general meetings and the board. The EGM saw 6,183,623,076 shares with voting rights, representing approximately 60.73% of the total, participate in the poll.