Summary by Moomoo AI
GigaCloud Technology Inc held its annual general meeting on June 14, 2024, with 84.53% of voting shares represented. Shareholders approved two key proposals: the adoption of the Eighth Amended and Restated Memorandum and Articles of Association, and the ratification of KPMG Huazhen LLP as the company's independent auditor for the fiscal year 2024.The first proposal, passed as a special resolution, amended the company's governing documents. The second proposal, an ordinary resolution, confirmed KPMG Huazhen LLP's appointment. Both resolutions received overwhelming support, with the Articles amendment garnering 88,454,270 votes in favor and the auditor ratification receiving 95,720,490 affirmative votes.The new Articles of Association became effective immediately upon approval. This meeting demonstrates GigaCloud's commitment to corporate governance and shareholder engagement, with the company ensuring compliance with regulatory requirements and maintaining transparency in its operations.