Baidu to Hold Extraordinary General Meeting on December 7, 2021

Baidu, Inc. announced an extraordinary general meeting (EGM) of shareholders on December 7, 2021, at 9 a.m. Beijing time.

Rhea-AI Summary

Baidu, Inc. announced an extraordinary general meeting (EGM) of shareholders on December 7, 2021, at 9 a.m. Beijing time. The meeting will consider adopting a new Chinese name and amended articles of association. The record date for voting rights is November 5, 2021, for both Class A and Class B ordinary shares. Shareholders must provide voting instructions to The Bank of New York Mellon for American Depositary Shares. Detailed information about the EGM is available on Baidu's website.

Positive

• Extraordinary general meeting scheduled for December 7, 2021.
• Shareholders will have the opportunity to vote on important resolutions.

Negative

• None.

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BEIJING, Nov. 2, 2021 /PRNewswire/ -- Baidu, Inc. ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it will hold an extraordinary general meeting of shareholders (the "EGM") at 9 a.m. on December 7, 2021 (Beijing time) at the address of Baidu Campus, No. 10 Shangdi 10th Street, Haidian District, Beijing 100085, The People's Republic of China, for the purposes of considering and, if thought fit, (i) adopting the Company's Chinese name and (ii) adopting amended and restated memorandum and articles of association of the Company.

The board of Directors of the Company has fixed the close of business on November 5, 2021, Hong Kong time, as the record date (the "Shares Record Date") of Class A ordinary shares with a par value of US$0.000000625 each (the "Class A Ordinary Shares") and Class B ordinary shares with a par value of US$0.000000625 each (the "Class B Ordinary Shares", and together with the Class A Ordinary Shares, the "Shares"). Holders of record of the Company's Shares as of the Shares Record Date are entitled to attend and vote at the EGM and any adjourned meeting thereof.

Holders of record of American Depositary Shares (the "ADSs") as of the close of business on November 5, 2021, New York time who wish to exercise their voting rights for the underlying Class A Ordinary Shares must give voting instructions to The Bank of New York Mellon, the depositary of the ADSs.

The notice of the EGM, which sets forth the resolutions to be submitted to shareholder approval at the meeting, is available on the Company's website at http://ir.baidu.com.  

About Baidu

Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on the NASDAQ under "BIDU" and HKEX under "9888." One Baidu ADS represents eight Class A ordinary shares.

View original content:https://www.prnewswire.com/news-releases/baidu-to-hold-extraordinary-general-meeting-on-december-7-2021-301413922.html

SOURCE Baidu, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the date of Baidu's extraordinary general meeting in 2021?

Baidu's extraordinary general meeting is scheduled for December 7, 2021.

What will be discussed at Baidu's EGM on December 7, 2021?

The EGM will consider adopting a new Chinese name and amended articles of association.

When is the record date for Baidu's EGM voting rights?

The record date for voting rights is November 5, 2021.

How can American Depositary Share holders vote at Baidu's EGM?

American Depositary Share holders must provide voting instructions to The Bank of New York Mellon.