AFC Group shareholders approve all resolutions at virtual annual meeting

AFC Group Holdings Limited (AFC) announced that all four resolutions presented at its virtual annual meeting, held today, September 15, 2025, were successfully passed by shareholders. The resolutions, which had the full support of the board, covered the reception of the annual report and the re-election of three directors.

Resolution 1, concerning the reception and consideration of the annual report for the year ended March 31, 2024, including the audit report and financial statements, received 3,176,262,654 votes (86.68%) in favor, with no votes against or abstentions.

Resolutions 2, 3, and 4, which pertained to the re-election of Yang Xia, Bo Xian (Charles) Cao, and Jianfeng (David) Chen as directors, respectively, also passed with significant majorities. Each director's re-election garnered 3,174,073,254 votes (86.62%) in favor, with 2,165,400 votes (0.06%) against and 24,000 abstentions (0.00%).