Golden Sun Health Technology Group Limited AGM Results Overview

Golden Sun Health Technology Group Limited AGM Outcomes

SHANGHAI, Oct. 14, 2024 -- Golden Sun Health Technology Group Limited, previously recognized as Golden Sun Education Group Limited (NASDAQ: GSUN), recently concluded its annual general meeting (AGM) where significant decisions concerning the direction of the company were made.

Key Resolutions Passed at the AGM

During the AGM, notable resolutions were adopted by the shareholders of Golden Sun Health Technology. These included the re-election of several directors, ensuring sustained leadership and continuity for the company:

Directors Re-elected

The shareholders confidently reaffirmed the leadership team by re-electing:

• Mr. Xueyuan Weng
• Mr. Liming Xu
• Ms. Peilin Ji
• Mr. Yidong Hao
• Mr. Zhenghua Yu
• Mr. Xiao Jin

New Appointment

In addition to the aforementioned directors, Mr. Xijing Xu was newly elected to the board, bringing fresh perspectives to the executive team.

Independent Auditor and Fiscal Year

Shareholders also ratified the appointment of Assentsure PAC as the independent registered public accounting firm, and approved the establishment of a new fiscal year beginning on October 1 and ending on September 30.

Voting Participation and Approval

The AGM saw an impressive turnout, with around 63.84% of the total ordinary shares present either in person or through proxies. Resolutions were overwhelmingly supported, with approval rates reaching 99.96% or higher for all proposals put forth.

Comments from Leadership

Mr. Xueyuan Weng, the Chairman and Chief Executive Officer, expressed profound gratitude to the shareholders for their unwavering support. He emphasized the importance of the re-elected board members, stating that their collective experience offers stability as the company pursues its growth ambitions. Mr. Weng also extended a warm welcome to Mr. Xijing Xu, highlighting the anticipated valuable contributions he will bring to the board.

Overview of Golden Sun Health Technology Group Limited

Established in 1997 and based in Shanghai, the company has evolved from a provider of educational tutoring services into a multifaceted organization. Golden Sun focuses on enhancing the learning experience for its students, fostering lifelong educational skills and interests. Over the years, they have expanded beyond educational services into various sectors, including healthcare, e-commerce, and cultural tourism.

Recent Developments

The strategic expansion of Golden Sun aligns with their ambition to diversify and integrate various service lines, enhancing overall reach and engagement within the community. This shift indicates a solid commitment to innovation and adaptability in a rapidly changing market landscape.

Contact Information for Inquiries

For further information regarding Golden Sun Health Technology Group Limited, interested parties can reach out to their Investor Relations Department via email at ir@cngsun.com. Additionally, for tailored communication, contact Ascent Investor Relations LLC's Tina Xiao at +1 646-932-7242 or via email at investors@ascent-ir.com.

Frequently Asked Questions

What were the main outcomes of Golden Sun's recent AGM?

Significant resolutions were passed including director re-elections, the appointment of a new director, and the ratification of the independent auditor.

How many shareholders participated in the AGM?

Approximately 63.84% of the total outstanding votes participated by attending in person or by proxy.

Who were the newly appointed directors during the AGM?

Mr. Xijing Xu was newly elected to the board during this meeting.

What services does Golden Sun Health Technology Group provide?

They offer educational tutoring services and have expanded into healthcare, e-commerce, and cultural tourism.

How can investors contact Golden Sun for more information?

Investors can reach out to the Investor Relations Department at ir@cngsun.com.

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