GAC Group to hold 2024 annual general meeting in May
Guangzhou Automobile Group (GAC Group) has announced it will hold its 2024 Annual General Meeting on May 23, 2025, to review several key proposals. Shareholders will consider the 2024 Annual Report, including the company's financial performance as audited by both Sin Yong Zhonghe for Chinese accounting standards and KPMG for Hong Kong standards. A proposed profit distribution of CNY 0.02 per share will be voted on. Additionally, the meeting will cover the appointment of audit firms for 2025, with proposed fees of CNY 1.02 million for Sin Yong Zhonghe and HKD 3.1 million for KPMG. Approval for renewed related-party financial services with GAC Finance and GAC Trading is also on the agenda, involving deposit services up to CNY 8.8 billion and credit lines up to CNY 12.6 billion. The meeting will be held in Guangzhou.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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