Summary by Futu AI
LONGHU GROUP HOLDINGS LIMITED (STOCK CODE: 960) WILL HOLD ITS ANNUAL GENERAL MEETING ELECTRONICALLY ON 18 JUNE 2024 AT 2:30 P.M. TO DISCUSS ISSUES INCLUDING THE GRANTING OF SHARES AND THE SALE OF STOCK SHARES, GENERAL MANDATES TO REPURCHASE SHARES, RE-ELECTION OF RETIRING DIRECTORS, DECLARING FINAL DIVIDENDS, ETC. Details of the Notice of the Annual General Meeting can be found on pages 16 to 21 of the Company's Circular. The Company has issued a share capital of 6,767,286,694 shares and proposed to approve at the General Meeting the issuance of not more than 20% additional shares. In addition, the Company will seek shareholder approval to repurchase no more than 10% of the issued shares. The Company also proposes to pay a final dividend of RMB0.23 per share for the year ended December 31, 2023. Shareholders have the right to choose to receive dividends in cash or in the form of new shares. THE BOARD RECOMMENDS THAT SHAREHOLDERS APPROVE ALL MOTIONS AND CONSIDERS THEM TO BE IN THE OVERALL BEST INTERESTS OF THE COMPANY AND SHAREHOLDERS.