Summary by Futu AI
At the Annual General Meeting of China Graphite Group Limited held on 6 May 2024, all proposed resolutions were approved with 100% shareholder support. These resolutions include the review and adoption of the annual financial statements as of December 31, 2023, the re-election of Mr. Lee Wai Hai and Mr. Zhao Zhiqiu as directors, authorizing the Board to determine directors' remuneration, the renewal of Mr. Lao Xianwing Road Accountants as an auditor, and authorizing the Board to determine his remuneration. In addition, the Board of Directors is authorized in general to repurchase shares not exceeding 10% of the total issued shares and to distribute and issue additional shares not exceeding 20% of the total issued shares. The voting results of the general meeting showed that the management of the company and the future direction of the company were widely supported by shareholders. JUJIA SECURITIES REGISTRATION LIMITED ACTS AS A SUPERVISOR TO ENSURE THE FAIRNESS OF THE VOTING PROCESS. The resolution of the shareholders' meeting will have a significant impact on the operation and governance of the company.
