Innovative Wisdom held its Annual General Meeting on May 10, 2024, and passed a number of motions including amendments to the Company's Articles of Association, appointment of Directors and Supervisors. Ordinary resolutions such as annual reports, Board and Board work reports, financial report, financial budget and auditor renewal were approved by more than 99% in favour. The special resolutions, such as amending the articles of association, authorizing the repurchase and issuance of shares, the adoption of the H share option incentive scheme, etc., were also approved by more than two-thirds of the votes. Mr. Xu Fai was appointed as Executive Director, three others including Dr. Li Kaifu were appointed as Non-Executive Directors, and three other Independent Non-Executive Directors were...Show More

Innovative Wisdom held its Annual General Meeting on May 10, 2024, and passed a number of motions including amendments to the Company's Articles of Association, appointment of Directors and Supervisors. Ordinary resolutions such as annual reports, Board and Board work reports, financial report, financial budget and auditor renewal were approved by more than 99% in favour. The special resolutions, such as amending the articles of association, authorizing the repurchase and issuance of shares, the adoption of the H share option incentive scheme, etc., were also approved by more than two-thirds of the votes. Mr. Xu Fai was appointed as Executive Director, three others including Dr. Li Kaifu were appointed as Non-Executive Directors, and three other Independent Non-Executive Directors were appointed. Ms. Lin Ying and Ms. Duan Cheng ?$#@$ were appointed as Supervisors of the Board of Supervisors and Ms. Gao Ling-yan was elected as the Labor Representative Supervisor. Mr. Li Kaifu was appointed Chairman of the Board, Mr. Xu Fui as Chief Executive Officer and Ms. Lin Ying as Chairman of the Board, with effect from 10 May 2024 for a term of three years.