Chang Chuan Tech approves key resolutions at AGM

Hangzhou Chang Chuan Technology (SZSE:300604) announced the successful passage of all resolutions presented at its 2024 Annual General Meeting held on May 22, 2025. Key approvals included the 2024 Board and Supervisory Committee work reports, the 2024 financial statements, and the company's 2024 annual report. Shareholders also approved the proposed profit distribution plan and the re-appointment of Tianjian Certified Public Accountants. Additionally, the company secured approval for the 2025 director and senior management compensation, 2024 goodwill impairment test report, 2025 routine related-party transaction projections, and the application for comprehensive credit from the company and subsidiaries. The meeting saw participation from shareholders representing 42.6593% of the company's voting shares, with voting conducted through a combination of on-site and online methods. The legal opinion provided by Guohao Law Firm (Hangzhou) confirmed that the AGM's procedures and resolutions were compliant and valid.