Summary by Futu AI
Nanjing Panda Electronics convened its second extraordinary Shareholders' Meeting on December 27, 2024, where two important proposals were reviewed and approved. The meeting was attended by shareholders representing 25,817,138 shares, accounting for 4.04% of the company's total issued capital.The first proposal was to approve the sales agreement and the proposed annual limit for transactions under it, which was passed with 97.86% approval votes. The second proposal was to approve the financial services agreement (fund settlement services) and the proposed annual limit for transactions under it, which was passed with 96.95% approval votes. Both proposals authorized the Board of Directors to take necessary steps to implement the agreements. As related transactions, China Electronics Technology Group Corporation and Nanjing Zhongdian Panda Information Industry Group Co., Ltd...Show More