Summary by Futu AI
On June 18, 2024, CRRC Corporation held its 2023 annual shareholder meeting in Beijing and announced the voting results. The meeting approved the annual financial statement, board of directors and supervisory board work reports, profit distribution plan, guarantee arrangements, daily related party transactions agreement, directors and supervisors remuneration, appointment of auditing agency, authorized share issuance and bond issuance among other proposals. The meeting was presided over by Chairman Sun Yongcai, attended by 6 out of 7 directors and all current supervisors and board secretary Wang Jian. 203 shareholder representatives attended, representing about 69.05% of voting shares. The meeting decided to distribute end-of-year 2023 dividends, with each H share receiving HKD 0.219571 and is expected to be distributed before August 14, 2024. The distribution of dividends to A shareholders will be announced separately.