China MeiDong Auto Shareholders Approve All AGM Resolutions and 2025 Dividend
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China MeiDong Auto Holdings announced that all resolutions from its annual general meeting on May 13, 2026, were approved by shareholders. This includes the endorsement of the 2025 financial statements, re-election of directors, and confirmation of KPMG as auditor. Shareholders authorized the board to issue up to 20% of existing share capital and repurchase up to 10% of shares. A final dividend of RMB0.0337 per share for 2025 was also approved. The stock currently has a Buy rating with a price target of HK$2.20.
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