Sungrow approves 2024 resolutions at annual shareholders' meeting

Sungrow Power Co., Ltd. (SZSE:300274) announced the resolutions passed at its 2024 annual shareholders' meeting. Key approvals included the 2024 Board of Directors and Supervisory Committee work reports, the 2024 profit distribution plan, the 2024 annual report, and the provision of a 2025 guarantee limit for subsidiaries. Shareholders also approved resolutions regarding foreign exchange hedging, guarantees for subsidiaries issuing letters of guarantee, renewing the audit institution, and compensation plans for directors and supervisors. Amendments to the company's articles of association and other governance rules were also greenlit. All resolutions were passed with significant majority votes, with no rejections of any proposed items. The meeting saw participation from shareholders representing 44.2819% of the company's shares, including both on-site and online voting.