Summary by Moomoo AI
CRRC Corporation held its 2023 annual shareholders' meeting in Beijing on June 18, 2024, and announced the voting results of the conference. The meeting approved the annual financial accounting report, the work report of the board of directors and the supervisory board, the profit distribution plan, the guarantee arrangement, the daily related party transaction agreement, the remuneration of directors and supervisors, the appointment of the auditing agency, the authorization to issue additional shares, and bond issuance. The meeting was chaired by Chairman Sun Yongcai, with 6 out of 7 directors present and attended by all current supervisory board members and the board secretary, Wang Jian. 203 shareholder representatives attended, representing approximately 69.05% of the voting shares. The meeting decided to distribute dividends at the end of 2023, with a dividend of 0.219571 Hong Kong dollars per H share, expected to be distributed before August 14, 2024. The dividend distribution for A-shareholders will be announced separately.
