BIADI CO., LTD. WILL HOLD ITS ANNUAL GENERAL MEETING ON JUNE 6, 2024 AT THE COMPANY MEETING ROOM, 3009 BIADI ROAD, PINGSHAN DISTRICT, SHENZHEN, CHINA. The meeting will consider a number of general resolutions, including Board and Supervisory Board work reports, audited financial reports, annual reports and summaries thereof, profit distribution plans, etc. In addition, the meeting will discuss the appointment of an external auditor and internal control audit body for the year 2024. The special resolution includes approving the total amount of guarantees provided by the company and its subsidiaries to not exceed RMB40.994 billion, as well as the expected daily associated transaction quota for 2024 by the company. The meeting will also discuss the authorization of the Board of Directors to issue additional H...Show More

BIADI CO., LTD. WILL HOLD ITS ANNUAL GENERAL MEETING ON JUNE 6, 2024 AT THE COMPANY MEETING ROOM, 3009 BIADI ROAD, PINGSHAN DISTRICT, SHENZHEN, CHINA. The meeting will consider a number of general resolutions, including Board and Supervisory Board work reports, audited financial reports, annual reports and summaries thereof, profit distribution plans, etc. In addition, the meeting will discuss the appointment of an external auditor and internal control audit body for the year 2024. The special resolution includes approving the total amount of guarantees provided by the company and its subsidiaries to not exceed RMB40.994 billion, as well as the expected daily associated transaction quota for 2024 by the company. The meeting will also discuss the authorization of the Board of Directors to issue additional H Shares and discuss the addition of domestic and foreign debt financing instruments for issuance of not more than RMB 500 billion. The Notice of the General Meeting was signed by the Chairman of the Company, Mr. Wang, on April 26, 2024. In order to determine the list of shareholders entitled to attend the General Meeting, the Company will suspend the transfer of H Shares from 3 June to 6 June 2024.