Cosco Shipping Tech approves 2024 reports, profit distribution plan

COSCO SHIPPING Technology (SZSE:002401) has announced the resolutions passed at its 2024 annual shareholders' meeting. Key approvals included the 2024 Board and Supervisory Committee work reports, the 2024 annual report, and a proposed profit distribution plan. Shareholders approved the plan with 99.9304% support, demonstrating strong confidence in the company's financial strategy. The meeting also approved the confirmation of 2024 daily related-party transactions and forecasts for 2025, alongside resolutions to engage an accounting firm for 2025. Amendments to the company's articles of association and internal rules were also passed. The meeting, attended by shareholders representing 49.8387% of the company's total shares, ensured compliance with relevant laws and regulations, as confirmed by legal counsel.