China Yuchai International Limited announced on July 8, 2025, that all resolutions presented at its Annual General Meeting (AGM) held in Singapore were duly passed. Shareholders adopted the audited financial statements and independent auditors' report for the financial year ended December 31, 2024.
Among the approvals, shareholders agreed to increase the limit of the Directors' fees from US$250,000 to US$700,000 for the financial year ended December 31, 2024. Directors' fees paid for the financial year ended December 31, 2023, were US$552,384.
The AGM also saw the re-election of nine directors and the authorization for the Board of Directors to appoint up to 11 directors to fill any vacancies. Furthermore, the establishment and adoption of the Company's 2025 Equity Incentive Plan received shareholder approval.
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