Shang Hai Zheng Quan Bao·2025-05-09 21:47Meeting Overview - The annual shareholders' meeting of the company was held on May 9, 2025, at the Publishing Center in Nanchang, Jiangxi Province [2] - The meeting was conducted in accordance with the Company Law and the company's articles of association, utilizing both on-site and online voting methods [2] Attendance - Out of 12 current directors, 6 attended the meeting, and 6 were represented by proxies [3] - All 4 current supervisors attended the meeting [4] - Additional attendees included several individuals from the company [5] Resolutions Passed - All 10 proposals submitted for approval at the shareholders' meeting were passed [6][9] - Key proposals included: - Approval of the 2024 Board of Directors' Work Report [6] - Approval of the 2024 Supervisory Board Work Report [6] - Approval of the 2024 Annual Report and Summary [7] - Approval of the 2024 Financial Settlement Report and 2025 Financial Budget Report [7] - Approval of the 2024 Profit Distribution Plan [7] - Approval of the 2024 Related Party Transactions Execution and 2025 Estimated Transactions [7] - Approval of the 2024 Performance Compensation Plan and Share Buyback [8] - Approval of the Capital Reduction and Amendments to the Articles of Association [8] Legal Compliance - The meeting was witnessed by lawyers from Beijing Zhonglun (Guangzhou) Law Firm, confirming that the meeting's procedures complied with relevant laws and regulations [11] Share Buyback Announcement - The company announced a share buyback and capital reduction following the approval of the performance compensation plan [13] - The total number of shares before the buyback was 1,395,022,307, which will reduce to 1,367,505,119 after the buyback [16] - The company will repurchase 27,517,188 shares at a total price of 1 yuan, with any fractional shares compensated in cash [15] Debt Notification - The company notified creditors regarding the share buyback, allowing them to claim debts within specified timeframes [17][19]