Wuliangye approves 2024 profit distribution and board re-election

Wuliangye Yibin Co., Ltd. (SZSE:000858) announced the resolutions passed at its 2024 Annual General Meeting of Shareholders. Key approvals include the 2024 annual report, financial statements, and a profit distribution plan of CNY 31.69 per 10 shares, totaling CNY 12,300,815,767.85. Shareholders also approved the re-election of the seventh board of directors, including both non-independent and independent directors. Additionally, amendments to the company's articles of association, rules of procedure for shareholder meetings, rules of procedure for the board of directors, and the independent director system were passed. The meeting also approved the engagement of Tianzhi International as the company's auditor for 2025, with audit fees totaling CNY 2.05 million. A proposed daily related transaction amount of CNY 7.85 billion was approved as well.