Baozun, Inc. Class A (HK:9991) has released an update.
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Baozun Inc. has successfully passed all proposed resolutions during its Annual General Meeting (AGM) held on June 12, 2024, with an overwhelming majority of votes in favor from both Class A and Class B shareholders. The resolutions included adopting financial statements, re-electing directors, and re-appointing Deloitte Touche Tohmatsu as the company’s auditor. Shareholders are reminded of the weighted voting rights structure, where Class A shares have one vote each, while Class B shares carry ten votes each.
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