【Hotai Motor】Announcement on behalf of subsidiary Hotai Energy Co., Ltd. of Important Resolutions from the 2026 Annual Shareholders' Meeting
Hotai Energy, a subsidiary of Hotai Motor, approved the 2025 earnings distribution plan and financial statements at its annual shareholders' meeting on May 6, 2026. Revisions to procedures concerning asset acquisition/disposal, derivative transactions, funds lending, and endorsements/guarantees were also resolved.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:53 (53 min after Collected)
1. Date of Annual Shareholders' Meeting: 2026/05/06
2. Important Resolution 1: Earnings Distribution or Loss Offset:
Approved the 2025 earnings distribution plan.
3. Important Resolution 2: Amendments to the Articles of Incorporation: None
4. Important Resolution 3: Business Report and Financial Statements:
Approved the 2025 Business Report and Financial Statements.
5. Important Resolution 4: Election of Directors and Supervisors: None
6. Important Resolution 5: Other Matters:
(1) Approved the amendment to the company's 'Procedures for Acquiring or Disposing of Assets'.
(2) Approved the amendment to the company's 'Procedures for Engaging in Derivative Product Transactions'.
(3) Approved the amendment to the company's 'Operating Procedures for Lending Funds to Others'.
(4) Approved the amendment to the company's 'Operating Procedures for Endorsements and Guarantees'.
(5) Approved the resolution to lift the non-compete restrictions for directors.
7. Other matters that should be specified: None.
2. Important Resolution 1: Earnings Distribution or Loss Offset:
Approved the 2025 earnings distribution plan.
3. Important Resolution 2: Amendments to the Articles of Incorporation: None
4. Important Resolution 3: Business Report and Financial Statements:
Approved the 2025 Business Report and Financial Statements.
5. Important Resolution 4: Election of Directors and Supervisors: None
6. Important Resolution 5: Other Matters:
(1) Approved the amendment to the company's 'Procedures for Acquiring or Disposing of Assets'.
(2) Approved the amendment to the company's 'Procedures for Engaging in Derivative Product Transactions'.
(3) Approved the amendment to the company's 'Operating Procedures for Lending Funds to Others'.
(4) Approved the amendment to the company's 'Operating Procedures for Endorsements and Guarantees'.
(5) Approved the resolution to lift the non-compete restrictions for directors.
7. Other matters that should be specified: None.