BYD shareholders approve 2025 employee stock ownership plan

BYD Co. Ltd. (SZSE:002594) announced the resolutions passed at its first extraordinary shareholders' meeting of 2025, held on April 15, 2025. Shareholders approved the "Employee Stock Ownership Plan (Draft)" and its summary, with 99.6312% of votes in favor, representing 1,829,791,866 shares. They also approved the "Management Methods" for the stock ownership plan with 99.6303% in favor, representing 1,829,774,790 shares, and authorized the board to handle related matters with 99.6506% approval, or 1,830,148,720 shares. The meeting was conducted through a combination of on-site and online voting. Legal counsel confirmed the legitimacy of the meeting's procedures and resolutions.