Hangzhou Iron & Steel approves key resolutions at AGM
Hangzhou Iron & Steel Co., Ltd. (SSE: 600126) announced the successful passage of all resolutions presented at its 2024 Annual General Meeting (AGM). The meeting, held in Hangzhou on May 14, 2025, saw the participation of shareholders representing 57.1771% of the company's voting shares. Key approvals included the 2024 board and supervisory board work reports, the 2024 financial settlement report, and the 2024 annual report and its summary. Shareholders also approved the proposed 2024 profit distribution plan. Additionally, the meeting ratified director, supervisor, and senior management compensation for 2024. Resolutions regarding bank credit facilities, annual related party transactions, guarantee plans, and financial derivatives activities were also approved. The company also secured shareholder approval to reappoint its audit firm. Notably, Hangzhou Iron & Steel Group, the controlling shareholder, abstained from voting on related party transaction agenda.
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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