On November 29, Glorious Group announced that Asia Vets (001339.SZ) held its Fourteenth Meeting of the Second Board of Directors and Eleventh Meeting of the Second Supervisory Board on November 29, 2024, which reviewed and approved the proposal to terminate the issuance of stocks to specific individuals in a simplified procedure for the year 2024. The company has decided to terminate the issuance of stocks to specific individuals in a simplified procedure for the year 2024.
Since the company announced the issuance of stocks to specific individuals in a simplified procedure for the year 2024, the board of directors, management, and institutions have been actively promoting various tasks. Considering the current capital markets environment, the company's actual situation, and the company's development plan, after sufficient communication and careful analysis with the relevant parties, the decision has now been made to terminate the relevant matters regarding the issuance of stocks to specific individuals in a simplified procedure for the year 2024.