Summary by Moomoo AI
Chinasouthcity held its annual shareholders' meeting on June 28, 2024, and all proposed resolutions were passed. This includes the review and adoption of the comprehensive financial statements and related reports for the nine months ended December 31, 2023, as well as the re-election and election of multiple directors. In addition, shareholders approved resolutions authorizing the board of directors to determine director remuneration, reappoint Ernst & Young as the independent auditor, and authorize the board of directors to distribute, issue, and deal with additional shares not exceeding 20% of the total number of issued ordinary shares. All resolutions were passed by more than 50% of the shares and there were no shareholders who needed to abstain from voting. The share transfer registrar was monitored by Hong Kong Central Clearing and Settlement System to ensure accuracy in the voting process.