China Fortune Land Development AGM approves all resolutions

China Fortune Land Development (SSE:600340) announced the successful passage of all resolutions at its Annual General Meeting held on May 23, 2025. Key approvals included the 2024 annual report and financial statements, board and supervisory reports, and the profit distribution plan. The meeting saw participation from shareholders representing 2,243,119,152 shares, or 57.3142% of the company's total voting shares. The company also received approval for the renewal of its accounting firm. The proposal of implementing a scheme involving property swaps and entrusted asset collection and disposal was also approved. No resolutions were rejected at the meeting. The legal counsel, Beijing Tian Yuan Law Firm, confirmed the legitimacy and validity of the meeting procedures and resolutions.