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Shareholders of Planet Green Holdings Corp. (NYSE American:PLAG) approved all proposals at the company’s annual meeting held Friday, August 29, according to a statement based on a recent SEC filing.
The approved items included the election of five directors—Bin Zhou, Lili Hu, Luojie Pu, King Fai Leung, and Yang Cao—to serve until the next annual meeting or until successors are elected and qualified. Each director received at least 4,596,112 votes in favor, with fewer than 825 votes withheld per nominee.
Stockholders also ratified the appointment of YCM CPA, INC. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The proposal received 5,802,327 votes for, 23,957 against, and 5,294 abstentions.
On an advisory basis, shareholders approved the compensation of named executive officers, with 4,595,440 votes for, 1,335 against, and 160 abstentions.
A proposal to amend the company’s Articles of Incorporation to increase authorized shares was also approved. The amendment raises the total number of common shares the company can issue to 1,500,000,000 and preferred shares to 100,000,000, both with a par value of $0.001 per share. This proposal received 4,595,440 votes for, 1,422 against, and 73 abstentions.
In addition, shareholders approved the 2025 Equity Incentive Plan, with 4,595,462 votes in favor, 1,311 against, and 162 abstentions.
Lastly, the meeting authorized the adjournment of the annual meeting to a later date if necessary to solicit additional proxies. This proposal passed with 5,797,516 votes for, 28,768 against, and 5,294 abstentions. The company’s next earnings report is expected on November 14, 2025. Investors seeking deeper insights into PLAG’s financial health and growth prospects can access additional analysis and 8 more key tips through InvestingPro.
All information is based on a press release statement contained in the company’s SEC filing.
In other recent news, Planet Green Holdings Corp. has initiated an investigation into unusual trading activity involving its common stock. The company made this announcement as part of its compliance with Section 401(d) of the NYSE Company Guide. This section mandates that listed companies must address unexpected market behavior. The investigation was prompted by trading activities observed earlier in the week. Planet Green Holdings did not specify the nature of the unusual activity but emphasized its commitment to transparency and regulatory compliance. Further details regarding the investigation have not been disclosed. Investors and market watchers are keenly observing for any forthcoming updates from the company.
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