Baosteel approves 2024 reports, sets stage for 2025
Baoshan Iron & Steel (SSE:600019) announced the successful passage of all resolutions at its 2024 annual shareholders' meeting held on May 20, 2025. Key approvals included the 2024 Board and Supervisory reports, the 2024 annual report and financial statements, and the 2024 profit distribution plan. Shareholders holding 72.4519% of the company's shares were represented. The meeting also approved the 2025 budget and plans for routine related-party transactions. A resolution concerning share repurchase was also passed. All directors in attendance were present, with the exception of 10 due to other work matters, but they gave their proxies to other board members. China Baowu Steel Group, Baosteel's controlling shareholder, abstained from voting on the related transaction resolutions.
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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