Summary by Moomoo AI
XIAO PENG AUTOMOBILE WILL HOLD ITS ANNUAL GENERAL MEETING ON JUNE 28, 2024 AT GUANGZHOU, CHINA. The meeting will consider a number of resolutions, including accepting the 2023 financial statements, directors' and auditors' reports, re-electing independent non-executive directors, and authorizing the Board to determine directors' remuneration. In addition, the Board of Directors will renew the appointment of the Chartered Accountants Office and the Pwai Yong Road Central Accounting Office as auditors and authorise the Board of Directors to determine their annual remuneration. THE GENERAL MEETING WILL ALSO CONSIDER GRANTING THE DIRECTORS GENERAL UNCONDITIONAL AUTHORIZATIONS TO ISSUE AND PROCESS ADDITIONAL CLASS A ORDINARY SHARES, AS WELL AS AUTHORIZATIONS TO PURCHASE THE COMPANY'S SHARES AND/OR US DEPOSITORY SHARES. The passage of all resolutions will give the company more flexibility in the operation of capital. Shareholders are required to complete the relevant share transfer procedure by 16 May 2024 in order to attend the General Meeting and exercise the right to vote.
