Summary by Moomoo AI
The Annual General Meeting will be held on June 6, 2024 at Hangzhou, China (Zhejiang) Pilot Free Trade Zone, China (Zhejiang). THE MEETING WILL DISCUSS ISSUES SUCH AS RE-ELECTION OF RETIRING DIRECTORS, GRANTING GENERAL MANDATES TO REPURCHASE SHARES AND ISSUE SHARES, AND ADOPTION OF NEW ARTICLES OF ASSOCIATION AND RULES. If shareholders are unable to attend, they may complete and return them 48 hours prior to the meeting as instructed in the Proxy Form. The Board of Directors recommends that shareholders approve the relevant resolutions and considers them to be in the best interests of the company and shareholders. The retiring directors include Ms. Zhao Huili, Dr. YU Kwok Jie and Mr. Kung Wah Wai, who are both qualified and willing to serve. In addition, the Company proposed to repurchase no more than 10% of the total issued shares and authorized the issuance of no more than 20% of additional shares. THE COMPANY ALSO PROPOSES TO REVISE THE ARTICLES OF ASSOCIATION AND TERMS OF ASSOCIATION TO COMPLY WITH THE LATEST AMENDMENTS TO THE LISTING RULES.