Hengli Petrochemical's 2024 AGM approves key resolutions, executive pay

Hengli Petrochemical (SSE:600346) convened its 2024 Annual General Meeting (AGM) on May 8, 2025, in a hybrid format combining on-site and online voting. Shareholders approved all agenda items, demonstrating strong support for the company's strategic direction. Key resolutions passed include the 2024 Board of Directors and Supervisory Board work reports, the 2024 annual report and financial statements, and the 2024 profit distribution plan. Shareholders also approved the proposed 2025 guarantee plan and the continued engagement of the accounting firm. The AGM also ratified the compensation packages for directors and key executives. The company’s controlling shareholder, Hengli Group, abstained from voting on related agenda items. Beijing Tianyuan Law Firm provided legal counsel, affirming the AGM's compliance with laws and regulations.