Great Star Industrial's 2024 AGM approves key resolutions

Hangzhou Great Star Industrial (SZSE:002444) successfully convened its 2024 Annual General Meeting (AGM), where shareholders approved all fifteen proposed resolutions. Key decisions included the approval of the 2024 annual report and financial statements, profit distribution plan, and directors' and supervisors' remuneration packages for 2025. Additionally, the meeting approved plans for conducting foreign exchange derivative transactions, entrusted wealth management, and applying for bank credit lines. Shareholders also sanctioned the re-appointment of Tianjian Certified Public Accountants as the company's auditing firm for 2025. Amendments to the company's articles of association and rules of procedure for both shareholder and board meetings were also passed, requiring a two-thirds majority vote. The meeting saw participation from 480 shareholders, representing 603,246,840 shares or 50.5030% of the company's total voting shares. The legal counsel, Zhejiang Jingheng Law Firm, affirmed the legitimacy and effectiveness of the meeting's procedures and resolutions.