JAC Motors approves key proposals at 2024 AGM

Anhui Jianghuai Automobile Group Corp (SSE:600418) announced the results of its 2024 Annual General Meeting (AGM), where shareholders approved all proposed resolutions. Key agenda items included the 2024 annual report, board and supervisory committee work reports, financial statements, and profit distribution plans. Shareholders also approved the 2025 financial budget and a plan to grant CNY 2025 annual credit line. The meeting saw participation from shareholders representing 35.3039% of the company's total voting shares. All resolutions were passed with significant majority votes, and the AGM was deemed compliant with relevant laws and the company's articles of association by attending legal counsel from Shanghai Links Law Firm.