IT Tech Packaging Inc. Declares Outcomes of 2024 Annual Common Assembly of Stockholders By Investing.com

BAODING, China, Nov. 1, 2024 /PRNewswire/ — IT Tech Packaging (NYSE:) Inc. (NYSE American: ITP) (“IT Tech Packaging” or the “Company”), a number one producer and distributor of diversified paper merchandise in North China, right this moment introduced the outcomes of the Firm’s 2024 Annual Common Assembly of Stockholders (the “Annual Meeting”) held on the Firm’s manufacturing base in Wei County, Hebei Province, China on October 31, 2024 (native time).

On the Annual Assembly, IT Tech Packaging’s stockholders:

1. Elected three Class II administrators (Zhengyong Liu, Fuzeng Liu and Lusha Niu) to serve on the Board of Administrators of the Firm, with such Class II administrators to serve till the 2026 Annual Assembly of Stockholders or till their respective successors have been duly elected and certified,
2. Ratified the appointment of GGF CPA Restricted because the Firm’s impartial registered public accounting agency for the fiscal yr ending December 31, 2024,
3. Performed an advisory vote on the compensation of the Firm’s government officers who’re named within the Abstract Compensation Desk of the Firm’s 2024 Proxy Assertion, and authorised such compensation; and
4. Performed an advisory vote on the frequency of future advisory votes on the compensation of the Firm’s government officers, and authorised that possibility that government compensation votes to be carried out each three (3) years.

About IT Tech Packaging Inc.

Based in 1996, IT Tech Packaging Inc. is a number one producer and distributor of diversified paper merchandise in North China. Utilizing recycled paper as its major uncooked materials (apart from its tissue paper merchandise), ITP produces and distributes three classes of paper merchandise: corrugating medium paper, offset printing paper and tissue paper merchandise. With manufacturing based mostly in Baoding and Xingtai in North China’sHebei Province, ITP is situated strategically near the Beijing and Tianjin area, house to a rising base of commercial and manufacturing actions and one of many largest markets for paper merchandise consumption within the nation. ITP has been listed on the NYSE American since December 2009, please go to: http://www.itpackaging.cn/.

Ahead-looking Statements

This launch contains “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Change Act of 1934, as amended. Ahead-looking statements give our present expectations, opinion, perception or forecasts of future occasions and efficiency. A press release recognized by means of forward-looking phrases together with “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and sure of the opposite foregoing statements could also be deemed forward-looking statements. These forward-looking statements are topic to quite a lot of dangers, uncertainties and assumptions, together with market and different situations. Extra detailed details about the Firm and the danger elements that will have an effect on the belief of forward-looking statements is ready forth within the Firm’s filings with the SEC. Traders and safety holders are urged to learn these paperwork freed from cost on the SEC’s web page at http://www.sec.gov. The Firm undertakes no obligation to replace any such forward-looking statements after the date hereof to evolve to precise outcomes or adjustments in expectations, besides as required by legislation.