Great Star Industrial shareholders approve profit distribution, subsidiary guarantee
Hang Zhou Great Star Industrial's first extraordinary general meeting of shareholders in 2025, held on October 9, 2025, saw the approval of two significant resolutions. The proposal for the company's 2025 semi-annual profit distribution pre-plan was passed with 99.9412% of votes in favor.
The second resolution, concerning a guarantee for its wholly-owned subsidiary, Prime-Line Products, LLC., also received shareholder approval. This proposal passed with 96.3953% of votes in favor.
A total of 755 shareholders, representing 63.9140% of the company's total voting shares, participated in the meeting through a combination of on-site and online voting methods. The company directors, senior management, and legal counsel were also present.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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