Baozun Announces Results of Annual General Meeting of Shareholders

Rhea-AI Summary

Baozun, a leading e-commerce solution provider in China, held its annual general meeting (AGM) on June 12, 2024, in Hong Kong. During the meeting, all proposed resolutions were passed. The AGM took place at 2:00 p.m. Hong Kong time, which is 2:00 a.m. New York time. Baozun trades on NASDAQ under the ticker BZUN and on HKEX under 9991. This event marks a significant step in the company's governance and decision-making process, as shareholder approval is important for strategic directions and operational adjustments.

Positive

• All proposed resolutions were passed at the AGM, indicating strong shareholder support.
• The AGM was successfully held in Hong Kong and attended by shareholders globally.
• Holding the AGM and passing resolutions reflect proactive corporate governance.

Negative

• The PR does not provide specific details on the resolutions passed, leaving investors without important information.
• Lack of detailed financial data or strategic updates might cause uncertainty among investors.

SHANGHAI, June 12, 2024 /PRNewswire/ -- Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) ("Baozun" or the "Company"), a leading brand e-commerce solution provider and digital commerce enabler in China, announced today that its annual general meeting of shareholders (the "AGM") was held in Hong Kong on Wednesday, June 12, 2024 at 2:00 p.m., Hong Kong time (or 2:00 a.m. on Wednesday, June 12, 2024, New York time), and all the proposed resolutions set out in the notice and circular of AGM were duly passed at the AGM.

About Baozun Inc.

Founded in 2007, Baozun Inc. is a leader in brand e-commerce service, brand management, and digital commerce service. It serves more than 450 brands from various industries and sectors around the world, including East and Southeast Asia, Europe and North America.

Baozun Inc. comprises three major business lines - Baozun e-Commerce (BEC), Baozun Brand Management (BBM) and Baozun International (BZI) and is committed to accelerating high-quality and sustainable growth. Driven by the principle that "Technology Empowers the Future Success," Baozun's business lines are devoted to empowering their clients' business and navigating their new phase of development.

For more information, please visit http://ir.baozun.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continues," "ongoing," "targets," "guidance," "going forward," "looking forward," "outlook" or other similar expressions. Statements that are not historical facts, including but not limited to statements about Baozun's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to Baozun's filings with the United States Securities and Exchange Commission and its announcements, notices or other documents published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this announcement is as of the date hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

Baozun Inc.
Ms. Wendy Sun
Email: ir@baozun.com

View original content:https://www.prnewswire.com/news-releases/baozun-announces-results-of-annual-general-meeting-of-shareholders-302170730.html

SOURCE Baozun Inc.

FAQ

What was the outcome of Baozun's AGM on June 12, 2024?

All proposed resolutions were duly passed at Baozun's AGM on June 12, 2024.

Where was Baozun's AGM held on June 12, 2024?

Baozun's AGM was held in Hong Kong on June 12, 2024.

At what time did Baozun's AGM occur in New York on June 12, 2024?

Baozun's AGM occurred at 2:00 a.m. New York time on June 12, 2024.

What is Baozun's ticker symbol on NASDAQ?

Baozun's ticker symbol on NASDAQ is BZUN.

Did Baozun's shareholders approve all resolutions at the AGM?

Yes, all resolutions were approved by Baozun's shareholders at the AGM.