China Baoli Shareholders Approve Convertible Bonds Issuance

China Baoli Technologies Holdings Ltd. (HK:0164) has released an update.

At the Special General Meeting on October 10, 2024, China Baoli Technologies Holdings Limited shareholders overwhelmingly approved the issuance of convertible bonds and the related settlement agreement, with 99.96% of votes in favor. This resolution enables the issuance of shares upon conversion of the bonds and authorizes directors to execute necessary actions for its implementation. The company emphasized unanimous director attendance and transparent vote-taking, with no votes excluded from the tally.

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