Summary by Moomoo AI
Zhejiang Huhangyong Expressway Co., Ltd. (“Zhejiang Shuhangyong”) held an Interim General Meeting on December 28, 2023 in Hangzhou, Zhejiang Province, China, chaired by Mr. Yuan Yingjie, Chairman. The Meeting passed a special resolution, approved by an overwhelming majority of votes, granting the Board of Directors a special mandate to issue not more than 27,333,464 shares of H Shares to meet the requirement for conversion of EUR 230,000,000 zero convertible notes to H Shares due 2026. The shareholders in attendance at the meeting represented 81.38% of the total issued share capital of the company. This license exceeds the scope of the 2020 general license and the previous special license.