
Planet Image International Shareholders Back Board Slate, Share Consolidation Flexibility and Higher Class B Voting Rights

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Planet Image International Limited held its 2025 annual general meeting, where shareholders representing 70.37% approved all resolutions, including the re-election of five directors and a share consolidation authorization. They also increased Class B voting rights to 30 votes, pending further approval. The stock is rated as a Hold with a $1.50 price target, reflecting solid financial performance but challenges in profitability. The company operates in China and is structured with Class A and B shares, governed by an elected board of directors.
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