Cybrid Technologies approves all resolutions at AGM

Cybrid Technologies convened its Annual General Meeting (AGM) on May 20, 2025, at its facility in Suzhou. A total of 247 shareholders and proxies, representing 119,282,949 shares (27.2652% of total voting shares), participated in the meeting. All nine directors and all three supervisors were present. Shareholders approved resolutions including the 2024 board and supervisory committee reports, the 2024 annual report and its summary, the 2024 financial statements, and the profit distribution plan. The meeting also approved the confirmation of director and supervisor compensation for 2024, the provision of guarantees for subsidiaries in 2025, and the proposed credit line from banks for 2025. The reappointment of the accounting firm was also approved. Shanghai Guanga Law Firm provided legal attestation, confirming the legitimacy and validity of the meeting's proceedings and resolutions.