Summary by Futu AI
Feitian Cloud Technology Co., Ltd. successfully held its Annual General Meeting on 28 May 2024. The meeting was chaired by Mr. Wang Lei, Chairman of the Board, and all seven directors attended. At the meeting, the shareholders adopted a number of ordinary resolutions, including the receipt of the last financial report, the election of directors and the determination of remuneration, as well as a special resolution. All resolutions passed by an overwhelming majority vote, including the authorization to repurchase up to 10% of the issued shares, the authorization to issue no more than 20% additional shares, and amendments to the articles of association. The meeting ensured the stability of the company's governance structure and future operations.