WBC(SZ:200706) Zheng Quan Zhi Xing·2025-05-25 08:11Meeting Overview - The 2024 Annual General Meeting of Wafangdian Bearing Co., LTD is scheduled for May 23, 2025, with both on-site and online voting options available [1][2]. Attendance - A total of 2 shareholders and authorized representatives attended the meeting, representing 323,300,000 shares, which accounts for 80.30% of the total voting shares [2][4]. - There were 5 foreign shareholders with voting rights, representing 79,786,320 shares, accounting for 19.82% of the total voting shares [2]. Voting Results - The meeting passed several motions with significant support, including: - 99.85% of the total shares with valid voting rights present agreed to the motions, while 0.15% opposed [4][5]. - Domestic shares approved totaled 244,000,000, representing 100% of the valid voting shares from domestic shareholders [5][6]. - Foreign shares approved totaled 79,300,000, accounting for 99.39% of the valid voting rights from foreign shareholders, with 0.61% opposed [5][8]. Minority Shareholder Voting - Minority shareholders voted with 0 shares in favor and 486,320 shares against the motions, indicating a lack of support from this group [5][12]. Election of Directors - The meeting adopted a cumulative voting system to elect new directors, with results showing overwhelming support for the candidates: - For example, Mr. Zhang Xinghai received 99.85% approval from domestic shares and 99.39% from foreign shares [18][19]. - The term of office for the newly elected directors is three years [19].