At the annual shareholders' meeting of China Youzan Co., Ltd. held on June 28, 2024, all proposed resolutions were passed by shareholders. This includes the approval of the audited comprehensive financial statements and the reports of the board of directors and auditors for the year ended December 31, 2023, as well as the authorization for the board of directors to determine directors' remuneration, appoint auditors and set their remuneration, re-elect independent non-executive directors, grant the board of directors a general authorization to issue and repurchase the company's shares, and pass a special resolution to amend the company's articles of association and change its name. Mr. Zhu Ning, Mr. Yu Tao, and Dr. Fang Zhihua and other directors attended the meeting...Show More

At the annual shareholders' meeting of China Youzan Co., Ltd. held on June 28, 2024, all proposed resolutions were passed by shareholders. This includes the approval of the audited comprehensive financial statements and the reports of the board of directors and auditors for the year ended December 31, 2023, as well as the authorization for the board of directors to determine directors' remuneration, appoint auditors and set their remuneration, re-elect independent non-executive directors, grant the board of directors a general authorization to issue and repurchase the company's shares, and pass a special resolution to amend the company's articles of association and change its name. Mr. Zhu Ning, Mr. Yu Tao, and Dr. Fang Zhihua and other directors attended the meeting in person, while other directors participated electronically. The vote counting of the annual shareholders' meeting was handled by Hong Kong Central Clearing and Settlement Company Limited. The results of the meeting showed that all resolutions received more than the required percentage of votes in favor, with ordinary resolutions requiring more than 50% of the votes in favor and special resolutions requiring not less than 75% of the votes in favor. The voting results of this meeting reflect the support and trust of shareholders in the company's management.