CDLQ(SZ:002628) Mei Ri Jing Ji Xin Wen·2025-06-17 22:50Core Viewpoint - The proposal regarding the compensation plan for the board of directors and senior management of Chengdu Road and Bridge (SZ002628) was not approved at the shareholders' meeting due to some shareholders defaulting on their votes, which were considered as abstentions [1][2]. Group 1: Shareholder Voting and Abstentions - The proposal will be resubmitted for approval at the shareholders' meeting after it was not passed in the previous meeting on May 7, 2024 [2]. - A significant portion of the votes were classified as abstentions, with 155,835,678 shares (approximately 90.91%) defaulting due to non-voting, primarily attributed to the largest shareholder, Sichuan Hongyi Jiahua Industrial Co., Ltd. [3][4]. - The total number of shares held by the largest shareholder, Hongyi Jiahua, is 117,767,762, which contributed to the default abstentions [4][6]. Group 2: Compensation Details - In 2023, the total compensation for the board of directors and senior management was 7.71 million yuan, slightly lower than the 7.84 million yuan in 2024 [8][9]. - The chairman's salary in 2023 was 1.15 million yuan, while in 2024, the chairman's salary increased to 925,700 yuan [8][9]. - The company reported a decline in both revenue and net profit in the previous year, with net profit being a loss [10]. Group 3: Governance and Compliance - The company emphasized the importance of timely determination of the compensation plan to ensure orderly governance processes and effective execution of company strategy [10]. - The resubmission of the proposal is a necessary step to comply with regulations and to facilitate further communication with shareholders regarding the compensation plan [10].