China Hainan Rubber AGM approves key resolutions

China Hainan Rubber Industry Group (SSE:601118) successfully concluded its 2024 Annual General Meeting (AGM), securing shareholder approval for all presented resolutions. Key approvals included the 2024 annual report, financial statements, profit distribution plan, and the 2025 financial budget. Shareholders also approved proposals related to daily related transactions, financing amounts, and the provision of guarantees for subsidiaries. The AGM, held on May 20, 2025, saw participation from shareholders representing 65.4449% of the company's total shares. The legal opinion confirmed the meeting's procedures and resolutions were in full compliance with relevant laws, regulations, and the company's articles of association. A detailed breakdown of voting results for each resolution was provided, including specific figures for shareholder support, opposition, and abstentions.