Huatai Securities schedules AGM for June 20 to discuss key issues

Published 20/05/2025, 09:50
Huatai Securities schedules AGM for June 20 to discuss key issues

NANJING, CHINA - Huatai Securities Co., Ltd. has announced that its Annual General Meeting (AGM) and the first A share class meeting for 2025 are scheduled to take place on June 20, 2025, in Nanjing, Jiangsu Province. Shareholders will convene to vote on a series of resolutions, including financial reports, profit distribution, and board appointments.

The agenda for the AGM includes approval of the company’s 2024 work report, financial statements, and annual report. Shareholders will also review the profit distribution plan for 2024. Another key item on the agenda is the consideration of ordinary transactions with related parties for the upcoming year, encompassing dealings with various related companies and individuals.

In addition, the meeting will address the estimated investment amount for the company’s proprietary business in 2025 and the re-appointment of accounting firms. Performance reports for independent non-executive directors and the election of new board members are also slated for review.

Two special resolutions are of particular note: one grants a general mandate to the board to issue shares, and the other pertains to the repurchase and cancellation of a portion of the restricted A shares. These special resolutions require a higher threshold of approval, with at least two-thirds of the voting shares needed to pass.

The voting procedure for the election of directors will employ a cumulative poll method, allowing shareholders to concentrate their votes on preferred candidates. This method is designed to enhance shareholder participation in the election process.

The information for these upcoming corporate events was disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG) and is based on a press release statement from Huatai Securities. As the company prepares for these significant decisions, shareholders are encouraged to review the detailed resolutions available on the London Stock Exchange’s website.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.