Shandong Fengxiang to Vote on Share Scheme Changes

Shandong Fengxiang Co., Ltd. Class H (HK:9977) has released an update.

Shandong Fengxiang Co., Ltd. is set to hold its Annual General Meeting on June 5, 2024, where shareholders will consider and vote on key resolutions, including proposed amendments to the 2021 and 2023 Share Award Schemes (SAS) and the approval of the Scheme Mandate Limit, allowing for the issuance of additional shares. These amendments and authorizations could significantly impact the company’s stock structure and shareholders’ rights. The meeting will empower the Board of Directors with the ability to execute necessary documents and acts to implement these changes.

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