Summary by Futu AI
At the annual shareholder meeting of Alibaba Group Holding Limited held on August 22, 2024, shareholders approved a series of resolutions, including the special resolution to amend the company's articles of association and bylaws, as well as several ordinary resolutions. Among the ordinary resolutions, shareholders granted the board of directors the general authority to issue and repurchase shares, and approved the 2024 stock-based incentive plan and the respective limited quotas for service providers. In addition, Mr. Tsai Chung-hsin, Mr. J. Michael Evans, Ms. Lianne Leung, and Mr. Daniel Zhang were elected as directors. The independent registered public accounting firms PricewaterhouseCoopers Zhong Tian and Deloitte Touche Tohmatsu were also approved as the company's independent registered public accounting firms for the next fiscal year. Shareholders attending the meeting collectively hold approximately 76% of the issued and outstanding common shares. Mr. Tsai Chung-hsin, Chairman of the Board, voted in favor of all resolutions on behalf of the company.