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Fang Announces Results of 2021 Annual General Meeting

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Fang Holdings Limited (NYSE: SFUN) announced the results of its 2021 annual general meeting of shareholders held on December 31, 2021. Shareholders approved the appointment of MaloneBailey, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2020. Fang operates a leading real estate Internet portal in China, providing marketing, listing, and financial services for the real estate and home furnishings sectors. The company maintains approximately 70 offices and covers 658 cities in China.

Positive
  • Shareholders approved the appointment of MaloneBailey, LLP, which enhances trust in the company's financial oversight.
  • Fang Holdings is a leading player in China's real estate Internet sector, which could provide a competitive advantage.
Negative
  • The press release lacks specific financial metrics or growth indicators for the year, which may raise concerns among investors.

BEIJING, Dec. 31, 2021 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang" or the "Company"), a leading real estate Internet portal in China, today announced that it held its 2021 annual general meeting of shareholders on December 31, 2021. At the meeting, the shareholders resolved by ordinary resolution to ratify the appointment of MaloneBailey, LLP as the independent registered public accounting firm of the Company for the fiscal year ended December 31, 2020.

About Fang

Fang operates a leading real estate Internet portal in China in terms of the number of page views and visitors to its websites. Through its websites, Fang provides primarily marketing, listing, leads generation and financial services for China's fast-growing real estate and home furnishing and improvement sectors. Its user-friendly websites support active online communities and networks of users seeking information on, and value-added services for, the real estate and home furnishing and improvement sectors in China. Fang currently maintains approximately 70 offices to focus on local market needs and its website and database contains real estate related content covering 658 cities in China. For more information about Fang, please visit http://ir.fang.com.

Cision View original content:https://www.prnewswire.com/news-releases/fang-announces-results-of-2021-annual-general-meeting-301452229.html

SOURCE Fang Holdings Limited

FAQ

What company held its annual general meeting on December 31, 2021?

Fang Holdings Limited (NYSE: SFUN) held its annual general meeting on December 31, 2021.

Who was appointed as the independent accounting firm for Fang Holdings for the fiscal year 2020?

MaloneBailey, LLP was appointed as the independent accounting firm for Fang Holdings for the fiscal year 2020.

What services does Fang Holdings provide?

Fang Holdings provides marketing, listing, leads generation, and financial services for China's real estate and home furnishings sectors.

How many cities does Fang Holdings cover in China?

Fang Holdings' websites and database cover 658 cities in China.

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