At the shareholder annual meeting held on June 25, 2024, Kaisa Group passed all proposed resolutions by voting. These include approving the board of directors' report, financial statements and independent auditor's report for the year ended December 31, 2023, as well as re-electing Mr. Guo Yingcheng as executive director, Mr. Rao Yong and Mr. Zhang Yizhao as independent non-executive directors. In addition, the shareholders also passed resolutions to authorize the board of directors to determine director remuneration, retain KPMG as auditor and determine their remuneration, as well as to authorize the directors to repurchase the company's shares and issue additional new shares. All resolutions received more than 50% of the votes in favor and were officially passed as ordinary resolutions. At...Show More

At the shareholder annual meeting held on June 25, 2024, Kaisa Group passed all proposed resolutions by voting. These include approving the board of directors' report, financial statements and independent auditor's report for the year ended December 31, 2023, as well as re-electing Mr. Guo Yingcheng as executive director, Mr. Rao Yong and Mr. Zhang Yizhao as independent non-executive directors. In addition, the shareholders also passed resolutions to authorize the board of directors to determine director remuneration, retain KPMG as auditor and determine their remuneration, as well as to authorize the directors to repurchase the company's shares and issue additional new shares. All resolutions received more than 50% of the votes in favor and were officially passed as ordinary resolutions. At the annual meeting of shareholders, 7,015,468,487 issued shares were entitled to attend the meeting and vote. The meeting was overseen by Hong Kong Central Securities Depository Company as the vote-counter. Board members include Executive Directors Mr. Sun Yuenan, Mr. Li Haiming, and Mr. Guo Xiaoqun, and Independent Non-Executive Directors Mr. Rao Yong, Mr. Zhang Yizhao, and Mr. Liu Xuesheng, all of whom attended the meeting by electronic means.