Zoomlion Heavy Industry Science & Technology Co (HK:1157) has released an update.
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Zoomlion Heavy Industry Science & Technology Co., Ltd. successfully conducted an extraordinary general meeting (EGM) where shareholders voted in favor of terminating the proposed spin-off and separate listing of Hunan Zoomlion Intelligent Aerial Work Machinery Co., Ltd. More than two-thirds of the votes supported the special resolutions, enabling the Board to handle all matters related to the termination. Significant shareholders were required to abstain from the vote, and the resolutions were passed without opposition.
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