GENERAL INFORMATION
Cephei Capital Management (Hong Kong) Limited (“Cephei Capital” or the "Company") has a fiduciary responsibility to maximize investment returns for our clients consistent with the investment objectives specified, including the voting of proxies. Our primary objective is to maximize shareholder value and to vote in a manner that reflects the best interest of our clients.
Cephei Capital has systematically incorporated ESG factors into the investment analysis and decision-making processes and considers proxy voting as an important way of demonstrating our views and expectations to our investee companies. Our investment team makes best efforts to exercise proxy voting rights on management and shareholders' resolutions for Cephei Capital Managed Funds and the Segregated Management Accounts with specific arrangements.
PROXY VOTING STATEMENT
Overall, Cephei Capital voted on 218 meetings and 1,424 proposals in 2024. Cephei Capital did not cast Against vote and Abstained on any proposal. The top five categories of proposals were Routine Business (32.09%), Capitalization (14.33%), Company Articles (12.36%), Compensation (8.29%), and Director Election (7.44%).
Cephei Capital places significant emphasis on ESG factors during the portfolio management process. Cephei Capital believes that integrating ESG into our investment management framework is not only essential from a social responsibility perspective, but also an effective way to enhance our investment outcome over the long run.


Source from: Cephei Capital voting report
GENERAL INFORMATION
Cephei Capital Management (Hong Kong) Limited (“Cephei Capital” or the "Company") has a fiduciary responsibility to maximize investment returns for our clients consistent with the investment objectives specified, including the voting of proxies. Our primary objective is to maximize shareholder value and to vote in a manner that reflects the best interest of our clients.
Cephei Capital has systematically incorporated ESG factors into the investment analysis and decision-making processes and considers proxy voting as an important way of demonstrating our views and expectations to our investee companies. Our investment team makes best efforts to exercise proxy voting rights on management and shareholders' resolutions for Cephei Capital Managed Funds and the Segregated Management Accounts with specific arrangements.
PROXY VOTING STATEMENT
Overall, Cephei Capital voted on 218 meetings and 1,424 proposals in 2024. Cephei Capital did not cast Against vote and Abstained on any proposal. The top five categories of proposals were Routine Business (32.09%), Capitalization (14.33%), Company Articles (12.36%), Compensation (8.29%), and Director Election (7.44%).
Cephei Capital places significant emphasis on ESG factors during the portfolio management process. Cephei Capital believes that integrating ESG into our investment management framework is not only essential from a social responsibility perspective, but also an effective way to enhance our investment outcome over the long run.


Source from: Cephei Capital voting report