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China Fund, Inc.
fund voting report
- Vote records reported
- 1,233year to 30 June 2025
- Against management
- 11.1%136 of 1,230 marked votes
- Say-on-pay support
- not reportedfor, of for + against + abstain
- Shareholder-proposal support
- 94.1%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2025, China Fund, Inc. reported 1,233 vote records on Form N-PX. 136 of the 1,230 votes that were marked for or against management went against management: 11.1%, 4.9 percentage points above the median fund registrant (6.1%).
Weighted by the number of shares voted, the against-management share is 11.2%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 94.1% of the proposals put forward by security holders (the median fund registrant: 23.5%).
By category, votes against management were most frequent in EXTRAORDINARY TRANSACTIONS (25.0% of 32), CAPITAL STRUCTURE (16.4% of 427) and DIRECTOR ELECTIONS (12.1% of 248).
It reported 24.1 million shares out on loan at record dates, 1.92% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,260 fund registrants with at least 25 vote records in the season.
| year to 30 June 2025 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 11.1% | 6.1% | 9.7% |
| Say-on-pay support rate | not reported | 91.3% | 84.3% |
| Shareholder-proposal support rate | 94.1% | 23.5% | 33.0% |
| Shares on loan, share of shares held | 1.92% | 0.00% | 2.20% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 248 | 218 | 30 | 12.1% | |
| SECTION 14A SAY-ON-PAY VOTES | 1 | 1 | 0 | 0.0% | |
| AUDIT-RELATED | 71 | 63 | 8 | 11.3% | |
| EXTRAORDINARY TRANSACTIONS | 32 | 24 | 8 | 25.0% | |
| CAPITAL STRUCTURE | 427 | 357 | 70 | 16.4% | |
| COMPENSATION | 123 | 119 | 4 | 3.3% | |
| CORPORATE GOVERNANCE | 378 | 361 | 17 | 4.5% | |
| OTHER SOCIAL ISSUES | 2 | 2 | 0 | 0.0% | |
| OTHER | 30 | 28 | 2 | 6.7% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 1,007 | 9.6% | not reported | 97.5% | |
| year to 30 June 2025 | 1,233 | 11.1% | not reported | 94.1% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, China Fund, Inc. voted against management on 0 of the 1 it marked either way (0.0%) in the year to 30 June 2025.
Shareholder proposals it supported
Of 17 proposals from security holders that could be told apart in the filings and on which it cast a vote, China Fund, Inc. voted for 17 (100.0%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Ping An Insurance (Group) Company of China, Ltd. | 13 May 2025 | Approve Issue of Domestic Debt Financing Instruments |
| PetroChina Company Limited | 14 Nov 2024 | Extraordinary shareholders |
| Yutong Bus Co., Ltd. | 25 Apr 2025 | Amend Articles of Association |
| Yutong Bus Co., Ltd. | 25 Apr 2025 | Amend Management System for Allowance of Directors and Supervisors |
| Yutong Bus Co., Ltd. | 25 Apr 2025 | Amend Management System for Providing External Investments |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Authorization of Board to Handle All Related Matters |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Company's Arrangement to Prevent Infringement of Creditors' Interest |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Implementation Period of Share Repurchase |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Manner of Share Repurchase |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Price and Pricing Principles |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Purpose of Share Repurchase |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Related Arrangements for Cancellation or Transfer in Accordance with Law After Repurchasing Shares |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Source of Funds |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Type of Share Repurchase |
| Foxconn Industrial Internet Co., Ltd. | 23 Sep 2024 | Approve Usage, Scale, Proportion to Total Share Capital, Amount of Funds for the Share Repurchase |
| Will Semiconductor Co., Ltd. Shanghai | 10 Jun 2025 | Approve Change in Usage of Share Repurchase and Cancellation |
| JCET Group Co., Ltd. | 29 Nov 2024 | Shareholder proposal: AUDIT-RELATED |
Shares on loan
China Fund, Inc. reported 24.1 million shares on loan at record dates against 1.23 billion shares voted: 1.92% of the two together. Median fund registrant: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 22 Aug 2025 accession 0001398344-25-016460
- Every N-PX filing by this filer on EDGAR
Questions
How did China Fund, Inc. vote on executive pay?
In the year to 30 June 2025 China Fund, Inc. reported 1 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 1 were for (100.0%), 0 against and 0 abstentions. Counting one item per company meeting, it voted against management on 0 of the 1 say-on-pay items it marked either way.
How often does China Fund, Inc. vote against management?
11.1% of the time in the year to 30 June 2025: 136 of the 1,230 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Did China Fund, Inc. support shareholder proposals on climate?
It reported no votes on security-holder proposals in the category ENVIRONMENT OR CLIMATE for the year to 30 June 2025. Across every category it voted for 94.1% of security-holder proposals.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 30 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by China Fund, Inc. (filer no. 845379), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 30 Sep 2026; page built 1 Oct 2026.