On the afternoon of August 28, 2020, CCUI held its 2020 Annual Shareholders' Meeting, the first meeting of the second session of the Board of Directors, and the first meeting of the second session of the Supervisory Board at its headquarters in Shanghai. Shareholder representatives from companies such as Shanghai Xiaomiao, Guangwei Holdings, CRRC Finance, Sinolight International, Bosideng, Shanghai Zhengheng, Shanghai Jinfaming, Xuanzi, New World, Guizhou Zhongyun, Shanghai Lingang, along with representatives from employee shareholding platforms, CNIC directors, supervisors, and company representatives attended the meeting.
The shareholders' meeting and the board of directors sequentially received reports on the company's operating performance in the first half of 2020 and the work plan for the second half of the year, the financial report for 2019, the financial budget for 2020, and other reports. They also reviewed and approved resolutions regarding the adjustment of some members of the second session of the board of directors, a capital increase and expansion plan, amendments to the company's articles of association, the implementation of an employee shareholding plan, and the appointment of senior management personnel, including the company's president. Shareholder representatives in attendance affirmed the company's positioning and its development over the past year, expressing unanimous support for the efforts of the management team and pledging their full support for future work.
The meeting confirmed the company's commitment to the strategy of combining industry and finance, with a focus on three main business sectors: cultural and tourism projects led by large-scale project management, high-end equipment driven by general aviation, new infrastructure, and data technology, and investment management primarily centered on fund management and energy trading. Additionally, the meeting outlined the key tasks for the second half of 2020 and deployed specific execution plans.
