Summary by Futu AI
China Central Automobile Co., Ltd. (CRRC) held its Annual General Meeting in Beijing on 18 June 2024 to consider the adoption of the financial report, the work report of the Board of Directors and the Board of Supervisors, the profit distribution plan, etc. THE MEETING ALSO DISCUSSED THE NEW FINANCIAL SERVICES FRAMEWORK AGREEMENT SIGNED WITH THE MID-MARKET GROUP, AS WELL AS THE GUARANTEE ARRANGEMENT FOR 2024 AND THE BOND FINANCING FACILITY ISSUANCE PLAN. In addition, the meeting approved the 2023 remuneration of directors and supervisors and evaluated the company's internal controls and related transactions. The resolution of the general meeting will contribute to the long-term development of the company and the improvement of the governance structure.