Neusoft Corporation | CANCELLATION OF THE COMPANY'S REPURCHASED SHARES

Status
AGM passed
AGM date
Proposal number
2
Resolution details
Company ticker
600718.SS
Submitted by
Global Delta Capital
Resolution ask
Other ask
ESG theme
  • Governance
ESG sub-theme
  • Shareholder rights
Type of vote
Transaction
Filer type
Management
Company sector
Technology
Company HQ country
China
Resolved clause
This proposal seeks shareholder approval to cancel 25,330,300 repurchased shares, representing approximately 2.12% of the Company's total share capital. The shares were repurchased on July 27, 2026, and are currently held in the repurchase securities account. The board states that the cancellation is intended to safeguard the Company's value and the interests of shareholders.
Supporting statement
Management of businesses and the decisions associated with business operations are best left to management and the board, absent a showing of egregious or illegal conduct that might threaten shareholder value. The Benchmark Policy indicates that board members can be held accountable on these issues when they face re-election. Management and the board are in the best position to determine what operational decisions are best in the context of the business.

How other organisations have declared their voting intentions

Organisation nameDeclared voting intentionsRationale
Global Delta CapitalFor

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