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China Cinda Shareholders Approve 2023 Board Pay, New Director and Charity Donation at 2025 EGM

Story Highlights
  • China Cinda’s 2025 EGM approved 2023 pay schemes for directors and supervisors and elected Wang Kunhui as a new non-executive director.
  • Shareholders also backed a special resolution for charitable donations to support Hong Kong fire rescue and relief, reflecting strong turnout and governance continuity.
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China Cinda Shareholders Approve 2023 Board Pay, New Director and Charity Donation at 2025 EGM

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China Cinda Asset Management Co ( (HK:1359) ) has shared an update.

China Cinda Asset Management Co., Ltd. announced that all resolutions proposed at its third extraordinary general meeting of 2025, held in Beijing on 24 December, were duly passed by poll with high approval rates and a strong shareholder turnout representing about 73% of the company’s voting shares. Shareholders approved the 2023 remuneration settlement schemes for directors and supervisors, the election of Wang Kunhui as a non-executive director, and a special resolution authorizing charitable donations to support fire rescue and relief efforts at Wang Fuk Court in Hong Kong’s Tai Po District, underscoring both continuity in corporate governance and a commitment to social responsibility.

More about China Cinda Asset Management Co

China Cinda Asset Management Co., Ltd. is a leading Chinese financial asset management company, listed in Hong Kong, that focuses on distressed asset investment, asset management and related financial services. It operates within China’s state-influenced financial system and plays a key role in managing non-performing assets for banks and other institutions, while also engaging in broader investment and financial services activities in mainland China and Hong Kong.

Average Trading Volume: 121,713,193

Technical Sentiment Signal: Buy

Current Market Cap: HK$51.52B

For detailed information about 1359 stock, go to TipRanks’ Stock Analysis page.

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