Invt Electric approves key resolutions at annual meeting

Shenzhen Invt Electric successfully convened its 2024 annual shareholders' meeting, where a quorum of 571 shareholders representing 97,389,011 shares, or 11.9764% of the total share capital, participated through a combination of on-site and online voting. Key resolutions passed included the approval of the 2024 Board of Directors' work report, the 2024 Supervisory Board's work report, and the 2024 annual report along with its summary. The proposed profit distribution plan for 2024 also received shareholder approval. Furthermore, shareholders voted to reappoint the company's accounting firm for the 2025 fiscal year and approved the compensation plan for directors, supervisors, and senior management. Revisions to the company's articles of association and several governance policies related to board procedures, shareholder meeting rules, and related-party transaction management were also approved by at least two-thirds of the voting shares represented at the meeting. All resolutions were deemed legally valid by the attending legal counsel.