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ZHONGSHAN, China - Ming Yang Smart Energy Group Limited (GDR:MYSE), a key player in the renewable energy sector, has announced that its Annual General Meeting (AGM) for the year 2024 is scheduled to take place on May 21, 2025. The meeting will be convened at the company’s headquarters in the Zhongshan Torch High-tech Industrial Development Zone.
Shareholders will review and vote on a series of ordinary and special resolutions during the AGM. These include approval of the Annual Work Reports from the Board of Directors, Board of Supervisors, and Independent (LON:IOG) Directors for 2024, as well as the Final Account Report and the 2024 Annual Report. The agenda also covers the Shareholders’ Return Plan for the next three years (2024-2026), the Profit Distribution Plan for 2024, and proposals concerning the remuneration of directors and supervisors.
Additionally, the meeting will address strategic financial matters such as engaging in foreign exchange hedging business, estimating the amount of daily related party transactions for 2025, and applying for credit facilities from financial institutions for the upcoming year. A special resolution will also be considered regarding the estimated external guarantee quota for the company in 2025.
The forthcoming AGM reflects the company’s commitment to transparency and shareholder engagement in its corporate governance. The resolutions set to be discussed are pivotal to the company’s strategy and financial management as it navigates the renewable energy market.
Ming Yang Smart Energy Group has established itself within the renewable energy industry, focusing on the development and manufacturing of wind turbines and related technologies. As the sector continues to evolve, the decisions made at the 2024 AGM will be significant for the company’s direction and its stakeholders’ interests.
The information regarding the AGM is based on a press release statement by Ming Yang Smart Energy Group Limited. Further details on the resolutions to be presented at the meeting can be accessed through the document provided by the London Stock Exchange (LON:LSEG)’s news service RNS.
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