Summary by Futu AI
DONGFENG GROUP CO., LTD. ANNOUNCED THAT IT WILL HOLD ITS CLASS H SHAREHOLDER GENERAL MEETING ON JUNE 21, 2024 AT THE LOCATION IN WUHAN CITY, HUBEI PROVINCE, CHINA. The Meeting will consider a special resolution authorizing the Board of Directors to repurchase not more than 127,420,000 shares of H Shares, representing approximately 5.1% of the issued H Shares. The Repurchase Period shall run from the date of the adoption of the Authorized Motion by the General Meeting until the end of the Annual General Meeting of FY 2024 or the date on which the Special Resolution is withdrawn or amended. The Board of Directors will be responsible for repurchase related matters, including developing repurchase plans, notifying creditors, opening relevant accounts, registering foreign exchange changes, repurchasing...Show More