North New Building Materials approves 2024 resolutions

North New Building Materials (SZSE:000786) announced the resolutions passed at its 2024 Annual General Meeting held on April 17, 2025. Key approvals included the 2024 Annual Report and Summary, the 2024 Board of Directors Work Report, and the 2024 Financial Statement Report, with over 99.6% of shareholders voting in favor. The proposed 2024 profit distribution plan also received overwhelming support, and the company confirmed the 2024 audit fees and the appointment of the 2025 auditing firm. The meeting also approved the 2025 estimated routine related-party transactions, the company's financing from financial institutions, guarantees for wholly-owned subsidiaries, and the issuance of debt financing instruments. Furthermore, shareholders approved the completion of a capital raising investment project and authorized the permanent replenishment of working capital with the remaining funds. The 2024 Supervisory Board Work Report was also approved.