JL MAG Shareholders Approve Profit Distribution

JL MAG Rare-Earth Co., Ltd. Class H (HK:6680) has released an update.

JL MAG Rare-Earth Co., Ltd. successfully convened its first extraordinary general meeting of 2024, where a significant resolution on the interim profit distribution plan for the year was passed with overwhelming shareholder approval. The meeting, held on September 19, 2024, saw the attendance of nearly half of the shareholders, and the resolution was approved with 99.8673% votes in favor. The company confirmed that the meeting and its procedures complied with relevant laws and regulations, ensuring the validity of the outcomes.

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