SDIC Power shareholders approve accounting firm renewal

Published 12/27/2024, 07:04 PM

BEIJING - SDIC Power Holdings Co., Ltd. (GDR: "SDIC") announced the successful renewal of its accounting firm as per the poll results from its Seventh Extraordinary General Meeting (EGM) held on December 25, 2024. The meeting was attended by shareholders representing 74.3101% of the company's voting shares, totaling 5,539,212,899 shares.

The proposal for the renewal of the accounting firm was passed with an overwhelming majority, receiving 99.9689% of votes in favor, 0.0266% against, and 0.0045% abstaining, as disclosed by the company. This decision was made by A-shareholders, indicating strong shareholder confidence in the continued partnership with the current accounting firm.

The EGM was conducted in compliance with the Company Law, Securities Law, and other regulatory guidelines, ensuring the legitimacy and effectiveness of the proceedings. Chairman Guo Xuyuan presided over the meeting, which took place at the company's headquarters in Beijing.

Beijing Tian Yuan Law Firm provided legal witness services for the EGM and confirmed that the meeting's procedures, including the convening, participant qualifications, voting process, and resolutions, adhered to the relevant laws and corporate governance documents. The lawyers affirmed the legal and effective status of the resolutions passed during the meeting.

This announcement, based on a press release statement, reflects the company's commitment to transparency and adherence to regulatory standards. The renewal of the accounting firm signifies shareholder support for the company's financial management and oversight practices.

SDIC Power Holdings Co., Ltd. is a publicly-traded company on the London Stock Exchange (LON:LSEG), with the news service RNS acting as a Primary Information Provider in the United Kingdom (TADAWUL:4280). Terms and conditions regarding the use and distribution of this information may apply.

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

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