Does the strategic planning of listed companies have to go to the general meeting of shareholders?
Looking at the articles of association of a listed company, generally speaking, the purchase or sale of major assets by a company within one year exceeds 30% of the company's latest audited total assets, which must be attended by the shareholders' meeting and approved by more than two thirds of the shareholders. Under normal circumstances, if it constitutes a connected transaction, the purchase amount exceeds 5% of the company's latest audited net assets. Changes in the main business shall be reported to the shareholders' meeting.