Financial Street Holdings approves resolutions at 2024 AGM

Financial Street Holdings (SZSE:000402) announced the resolutions passed at its 2024 Annual General Meeting (AGM) held on May 21, 2025. Key approvals included the 2024 board and supervisory reports, the 2024 financial statements, and the 2024 profit distribution plan, which proposes no cash dividend or bonus share issue. Shareholders also approved the 2024 annual report and authorized the company to provide guarantees for its subsidiaries' debt financing in 2025, up to a total of CNY 13.15 billion. Additionally, the AGM approved the continuation of supply chain finance operations and a CNY 2.1 billion limit for financial assistance to project companies. Shareholders ratified the renewal of the "Financial Services Agreement" with Beijing Financial Street Group Finance Co., Ltd, and the reappointment of Baker Tilly China Certified Public Accountants as the company's auditors for 2025.