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PDD Holdings Inc. 2024 AGM Report: Strong Shareholder Support & Resolutions Passed

$PDD
Form 6-K
Filed on: 2024-12-20
Source
PDD Holdings Inc. 2024 AGM Report: Strong Shareholder Support & Resolutions Passed

Here are the key insights extracted from the financial report for PDD Holdings Inc. based on the provided section:

  1. Document Type and Date:
  • This is a Form 6-K filing submitted to the SEC, dated December 20, 2024.
  1. Company Information:
  • Full Name: PDD Holdings Inc.
  • Address: First Floor, 25 St Stephen’s Green, Dublin 2, D02 XF99, Ireland.
  • Commission File Number: 001-38591.
  1. Annual General Meeting (AGM):
  • The 2024 AGM was held on December 20, 2024, at 7:00 a.m. Irish Standard Time.
  • Total voting power represented at the meeting: 5,531,165,536 votes, which is 99.3% of the total outstanding voting power as of the record date (November 27, 2024).
  1. Resolutions Passed:
  • All resolutions proposed at the AGM were adopted, including the re-election of several directors:
    1. Lei Chen
    2. Jiazhen Zhao
    3. Anthony Kam Ping Leung
    4. Haifeng Lin
    5. Ivonne M.C.M. Rietjens
    6. George Yong-Boon Yeo
  2. Voting Breakdown:
  • The results for each resolution indicate strong support from shareholders:
    • Resolution No. 1 (Lei Chen's re-election):
    • Votes For: 4,950,473,960 (89.50%)
    • Votes Against: 546,767,492 (9.89%)
    • Abstained: 33,924,084 (0.61%)
    • Resolution No. 2 (Jiazhen Zhao's re-election):
    • Votes For: 4,996,309,448 (90.33%)
    • Votes Against: 500,927,300 (9.06%)
    • Abstained: 33,928,788 (0.61%)
    • Resolution No. 3 (Anthony Kam Ping Leung's re-election):
    • Votes For: 5,354,813,296 (96.81%)
    • Votes Against: 142,395,476 (2.57%)
    • Abstained: 33,956,764 (0.62%)
    • Resolution No. 4 (Haifeng Lin's re-election):
    • Votes For: 4,845,764,320 (87.61%)
    • Votes Against: 651,084,156 (11.77%)
    • Abstained: 34,317,060 (0.62%)
    • Resolution No. 5 (Ivonne M.C.M. Rietjens' re-election):
    • Votes For: 5,410,663,144 (97.82%)
    • Votes Against: 86,199,696 (1.56%)
    • Abstained: 34,302,696 (0.62%)
    • Resolution No. 6 (George Yong-Boon Yeo's re-election):
    • Votes For: 5,205,346,460 (94.11%)
    • Votes Against: 298,441,412 (5.40%)
    • Abstained: 27,377,664 (0.49%)
  1. Signatory:
  • The report is signed by Lei Chen, who is the Chairman of the Board of Directors and Co-Chief Executive Officer, on December 20, 2024.

This information indicates strong shareholder support for the current board of directors and reflects PDD Holdings Inc.'s governance practices. The high percentage of votes in favor of each resolution suggests confidence among shareholders in the management team.