Baozun, Inc. Class A (HK:9991) has released an update.
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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