On June 28, 2024, Qingdao Beer Co., Ltd. successfully held its 2023 shareholder meeting in Qingdao, China. A total of 55 shareholders and proxies attended the meeting, representing 59.42% of the voting shares of the company. The meeting was chaired by Mr. Huang Kexing, the chairman of the board, and passed all resolutions including the work reports of the board of directors and the supervisory board, the 2023 financial report, the profit distribution plan, and the appointment of Deloitte Huayong as the auditor and internal control auditor for the new year. Among them, the profit distribution plan for 2023 is to distribute a final dividend of RMB 2.00 per share, with a total amount of RMB 2,728,393,576. The dividends of H-share shareholders will be converted into Hong Kong...Show More

On June 28, 2024, Qingdao Beer Co., Ltd. successfully held its 2023 shareholder meeting in Qingdao, China. A total of 55 shareholders and proxies attended the meeting, representing 59.42% of the voting shares of the company. The meeting was chaired by Mr. Huang Kexing, the chairman of the board, and passed all resolutions including the work reports of the board of directors and the supervisory board, the 2023 financial report, the profit distribution plan, and the appointment of Deloitte Huayong as the auditor and internal control auditor for the new year. Among them, the profit distribution plan for 2023 is to distribute a final dividend of RMB 2.00 per share, with a total amount of RMB 2,728,393,576. The dividends of H-share shareholders will be converted into Hong Kong dollars based on the average exchange rate one week prior to the date of the shareholder meeting. In addition, the board of directors announced that independent non-executive director Mr. Sheng Leiming was appointed as the chairman of the nomination and remuneration committee. The legality of the meeting was witnessed by the Beijing Haiman Law Firm, confirming that the procedures were legal and valid.