[Paohwa-KY] Announcement regarding shareholder meeting resolutions of subsidiary Wuxi Baihong Real Estate Co., Ltd.
Wuxi Baihong Real Estate, a subsidiary of Paohwa-KY, held its shareholder meeting. The company approved its 2025 financial statements, appointed its auditor for 2026, and decided not to distribute 2025 profits.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 09:00
- 🔍 Collected: May 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 21, 2026 at 08:50 (50 min after Collected)
1. Date of Annual General Meeting: May 20, 2026.
2. Important Resolution 1, Surplus Distribution or Loss Offsetting: Agreed not to distribute 2025 profits.
3. Important Resolution 2, Articles of Association Amendment: None.
4. Important Resolution 3, Business Report and Financial Statements: Agreed to the 2025 audit report audited by Wuxi Liangxi Certified Public Accountants Co., Ltd.
5. Important Resolution 4, Election of Directors and Supervisors: None.
6. Important Resolution 5, Other Items: Agreed to hire Wuxi Liangxi Certified Public Accountants Co., Ltd. to audit the 2026 financial statements.
7. Other matters: None.
2. Important Resolution 1, Surplus Distribution or Loss Offsetting: Agreed not to distribute 2025 profits.
3. Important Resolution 2, Articles of Association Amendment: None.
4. Important Resolution 3, Business Report and Financial Statements: Agreed to the 2025 audit report audited by Wuxi Liangxi Certified Public Accountants Co., Ltd.
5. Important Resolution 4, Election of Directors and Supervisors: None.
6. Important Resolution 5, Other Items: Agreed to hire Wuxi Liangxi Certified Public Accountants Co., Ltd. to audit the 2026 financial statements.
7. Other matters: None.
FAQ
What was decided at the Wuxi Baihong shareholder meeting?
Approval of 2025 financial statements and selection of the auditor for 2026. No dividend was declared.
Who is the parent company of this firm?
Paohwa-KY.
What is the decision regarding profit distribution?
It was agreed that no profit will be distributed for the 2025 fiscal year.