During the annual shareholders' meeting of China Conch Venture Holding Limited ('Conch Venture') held on June 25, 2024, all proposals were approved by the shareholders. This included the review and adoption of the financial statements, board of directors' report, and auditor's report for the year ended December 31, 2023, as well as the declaration of a final dividend of HKD0.20 per share. In addition, several directors including Guo Jingbin, Wang Xuesen, He Guangyuan, and others were re-elected, while Ms. Cheng Yanlei was newly elected as an independent non-executive director. The directors were also granted general authorization to repurchase and issue company shares. No shares were excluded from the meeting and no shareholders were required to waive their voting rights. Ms. Cheng will...Show More

During the annual shareholders' meeting of China Conch Venture Holding Limited ('Conch Venture') held on June 25, 2024, all proposals were approved by the shareholders. This included the review and adoption of the financial statements, board of directors' report, and auditor's report for the year ended December 31, 2023, as well as the declaration of a final dividend of HKD0.20 per share. In addition, several directors including Guo Jingbin, Wang Xuesen, He Guangyuan, and others were re-elected, while Ms. Cheng Yanlei was newly elected as an independent non-executive director. The directors were also granted general authorization to repurchase and issue company shares. No shares were excluded from the meeting and no shareholders were required to waive their voting rights. Ms. Cheng will join the remuneration and nomination committee and the audit committee of the board of directors for a term of three years and will receive an annual salary of HKD180,000. Ms. Cheng has previously served as an independent director for several listed companies and does not hold any shares of the company or have any relationship with the company's core associates.