[Fitipower] Announcement of Important Resolutions of the 115th Annual General Meeting
Fitipower held its Annual General Meeting on May 29, 115, approving the 114 fiscal year financial reports and dividend distribution. Additionally, the company passed resolutions for a private placement of common shares and the removal of non-compete restrictions for directors.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:21 (34h 20m after Collected)
1. Date of the Annual General Meeting: 2026/05/29 (115/05/29).
2. Important Resolution 1, Earnings Distribution or Loss Offsetting: Approved the earnings distribution proposal for the 114 fiscal year.
3. Important Resolution 2, Amendments to Articles of Incorporation: None.
4. Important Resolution 3, Business Report and Financial Statements: Approved the business report and financial statements for the 114 fiscal year.
5. Important Resolution 4, Election of Directors and Supervisors: None.
6. Important Resolution 5, Other Matters:
(1) Approved the proposal for the company to conduct a private placement of common shares for cash capital increase.
(2) Approved the proposal to lift non-compete restrictions for directors.
7. Other matters to be stated: None.
2. Important Resolution 1, Earnings Distribution or Loss Offsetting: Approved the earnings distribution proposal for the 114 fiscal year.
3. Important Resolution 2, Amendments to Articles of Incorporation: None.
4. Important Resolution 3, Business Report and Financial Statements: Approved the business report and financial statements for the 114 fiscal year.
5. Important Resolution 4, Election of Directors and Supervisors: None.
6. Important Resolution 5, Other Matters:
(1) Approved the proposal for the company to conduct a private placement of common shares for cash capital increase.
(2) Approved the proposal to lift non-compete restrictions for directors.
7. Other matters to be stated: None.
FAQ
What is the purpose of Fitipower's private placement?
While specific details were not disclosed, private placements are typically used to raise capital for R&D, working capital, or strategic investments.