Ankai Automobile approves all resolutions at 2024 AGM

Anhui Ankai Automobile (SZSE:000868) announced the resolutions passed at its 2024 Annual General Meeting (AGM). Key approvals include the 2024 Board and Supervisory Board work reports, the 2024 annual report and financial statements, and the 2024 profit distribution plan. Shareholders also approved resolutions related to offsetting accumulated losses, executive compensation, 2025 comprehensive credit facility applications, providing guarantees for customer auto loans, and related-party transactions. All resolutions were approved with over 99% of votes in favor. The AGM was held through a combination of on-site and online voting, with 310 shareholders representing 464,713,334 shares, or 49.4631% of the company's total shares with voting rights. Shanghai AllBright Law Offices provided legal counsel, confirming the legality and validity of the meeting and resolutions.