Shenwan Hongyuan's 2024 AGM approves key resolutions

Shenwan Hongyuan Group Co., Ltd. (SZSE:000166) announced the resolutions passed at its 2024 annual general meeting of shareholders held on June 20, 2025. Key resolutions approved include the 2024 Board of Directors work report and the 2024 Supervisory Board work report. Shareholders also approved the company's 2024 financial statements and the proposed profit distribution plan. The meeting saw 907 shareholders and proxies representing 15,738,228,748 shares, or 62.8525% of the company's total voting shares, in attendance. All proposed resolutions were passed, with no rejections recorded. The company's legal counsel affirmed the legitimacy and validity of the meeting's procedures and resolutions. Additionally, the company approved the plan for daily related-party transactions for 2025.