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Pop Culture Group Company Ltd

Pop Culture Group Company Ltd (CPOP)

1.27
0.01
(0.79%)
Closed June 15 4:00PM
1.25
-0.02
(-1.57%)
After Hours: 7:59PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
1.25
Bid
1.25
Ask
4.17
Volume
18,361
1.24 Day's Range 1.27
0.909 52 Week Range 9.67
Market Cap
Previous Close
1.26
Open
1.27
Last Trade
8
@
1.25
Last Trade Time
Financial Volume
$ 23,054
VWAP
1.2556
Average Volume (3m)
1,418,431
Shares Outstanding
2,405,001
Dividend Yield
-
PE Ratio
-0.13
Earnings Per Share (EPS)
-10.12
Revenue
18.54M
Net Profit
-24.33M

About Pop Culture Group Company Ltd

Pop Culture Group Co Ltd hosts entertainment events, operates hip-hop-related online programs, and provides event planning and execution services and marketing services to corporate clients. It generates revenue from our Event Hosting business by providing sponsorship packages to advertisers in exch... Pop Culture Group Co Ltd hosts entertainment events, operates hip-hop-related online programs, and provides event planning and execution services and marketing services to corporate clients. It generates revenue from our Event Hosting business by providing sponsorship packages to advertisers in exchange for sponsorship fees and by selling tickets for those concerts. Show more

Sector
Amusement & Rec Svcs, Nec
Industry
Amusement & Rec Svcs, Nec
Website
Headquarters
Xiamen, Fujian, Chn
Founded
1970
Pop Culture Group Company Ltd is listed in the Amusement & Rec Svcs sector of the NASDAQ with ticker CPOP. The last closing price for Pop Culture was $1.26. Over the last year, Pop Culture shares have traded in a share price range of $ 0.909 to $ 9.67.

Pop Culture currently has 2,405,001 shares outstanding. The market capitalization of Pop Culture is $3.05 million. Pop Culture has a price to earnings ratio (PE ratio) of -0.13.

CPOP Latest News

Pop Culture Announces Improvement in Overall Operations During the Six Months Ended December 31, 2023

Pop Culture Announces Improvement in Overall Operations During the Six Months Ended December 31, 2023 PR Newswire XIAMEN, China, May 8, 2024 XIAMEN, China, May 8, 2024 /PRNewswire/ -- In 2023...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.26-17.21854304641.511.521.2404301.35811657CS
4-0.71-36.22448979591.961.961.2951121.51809414CS
12-1.9-60.31746031753.154.31.214184313.05670066CS
26-0.025-1.960784313731.2759.670.90919221804.7211848CS
52-3.85-75.49019607845.19.670.9099892024.66198706CS
156-121.35-98.9804241436122.67800.90998436235.42938747CS
260-121.35-98.9804241436122.67800.90998436235.42938747CS

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CPOP Discussion

View Posts
eyeownu eyeownu 15 hours ago
Exhibit 99.1

POP CULTURE GROUP CO., LTD
(incorporated in the Cayman Islands with limited liability)
(NASDAQ: CPOP)

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN THAT the annual general meeting of shareholders (the “Meeting”) of Pop Culture Group Co., Ltd (the “Company”) will be held on June 28, 2024, at 9:30 a.m., Eastern Time, at 3rd Floor, No. 168 Fengqi Road, Jimei District, Xiamen City, Fujian Province, the People’s Republic of China.

In accordance with article 10.14 of the Company’s amended and restated articles of association (the “Articles”), the Company has received the requisite consent of the shareholder or shareholders who, individually or collectively, hold at least ninety per cent of the voting rights of all those who have a right to vote at the Meeting to convene the Meeting on shorter than twenty-one Clear Days’ notice.

The Meeting will be held for the purpose of shareholders considering and, if thought fit, passing the following ordinary resolutions:

1. It is resolved as an ordinary resolution that Zhuoqin Huang be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company;

2. It is resolved as an ordinary resolution that Wenjuan Qiu be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company;

3. It is resolved as an ordinary resolution that Zhidi Lin be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company;

4. It is resolved as an ordinary resolution that Haiquan Hu be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company;

5. It is resolved as an ordinary resolution that Azhen Lin be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company; and

6. It is resolved as an ordinary resolution that that the re-appointment of WWC, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending 30 June 2024 be confirmed, ratified and approved.

The board of directors of the Company (the “Board of Directors”) has fixed the close of business on May 29, 2024 as the record date (the “Record Date”) for determining the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof. Only holders of Class A Ordinary Shares of par value US$0.01 each and Class B Ordinary Shares of par value US$0.01 each of the Company on the Record Date are entitled to receive notice of and to vote at the Meeting or any adjournment thereof.

Shareholders may obtain a copy of the proxy materials, including the Company’s 2023 annual report, from the Company’s website at cpop.cn or by submitting a request to bodo@cpop.cn.

By Order of the Board of Directors,


/s/ Zhuoqin Huang


Zhuoqin Huang


Chairman of the Board of Directors


Xiamen, China

June 4, 2024



POP CULTURE GROUP CO., LTD

ANNUAL GENERAL MEETING OF SHAREHOLDERS
June 28, 2024
9:30 a.m., Eastern Time

PROXY STATEMENT

The board of directors (the “Board of Directors”) of Pop Culture Group Co., Ltd (the “Company”) is soliciting proxies for the annual general meeting of shareholders (the “Meeting”) of the Company to be held on June 28, 2024, at 9:30 a.m., Eastern Time, at 3rd Floor, No. 168 Fengqi Road, Jimei District, Xiamen City, Fujian Province, the People’s Republic of China, or any adjournment thereof.

In accordance with article 10.14 of the Company’s amended and restated articles of association (the “Articles”), the Company has received the requisite consent of the shareholder or shareholders who, individually or collectively, hold at least ninety per cent of the voting rights of all those who have a right to vote at the Meeting to convene the Meeting on shorter than twenty-one Clear Days’ notice.

Only holders of Class A ordinary shares of par value US$0.01 each (the “Class A ordinary shares”) and Class B ordinary shares of par value US$0.01 each (the “Class B ordinary shares” and together with the Class A ordinary shares, the “ordinary shares”) of the Company of record at the close of business on May 29, 2024 (the “Record Date”) are entitled to attend and vote at the Meeting or at any adjournment thereof. The shareholders entitled to vote and present in person or by proxy or (in the case of a shareholder being a corporate entity) by its duly authorized representative representing not less than one-third of the outstanding ordinary shares carrying the right to vote at the Meeting shall form a quorum.

Any shareholder entitled to attend and vote at the Meeting is entitled to appoint a proxy to attend and vote on such shareholder’s behalf. A proxy need not be a shareholder of the Company. Each holder of the Company’s Class A ordinary shares shall be entitled to one vote in respect of each Class A ordinary share held by such holder on the Record Date, and each holder of the Company’s Class B ordinary shares shall be entitled to 100 votes in respect of each Class B ordinary share held by such holder on the Record Date.

PROPOSALS TO BE VOTED ON

At the Meeting, the following ordinary resolutions will be proposed:

1. It is resolved as an ordinary resolution that Zhuoqin Huang be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company;

2. It is resolved as an ordinary resolution that Wenjuan Qiu be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company;

3. It is resolved as an ordinary resolution that Zhidi Lin be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company;

4. It is resolved as an ordinary resolution that Haiquan Hu be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company;

5. It is resolved as an ordinary resolution that Azhen Lin be re-elected as a director of the Company to hold office in accordance with the articles of association of the Company until the next annual general meeting of the Company; and

6. It is resolved as an ordinary resolution that that the re-appointment of WWC, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending 30 June 2024 be confirmed, ratified and approved.

The Board of Directors recommends a vote “FOR” each of the Proposals No. 1 – 6.

1

VOTING PROCEDURE FOR HOLDERS OF ORDINARY SHARES

Shareholders entitled to vote at the Meeting may do so either in person or by proxy. Those shareholders who are unable to attend the Meeting are requested to read, complete, sign, date, and return the attached proxy card in accordance with the instructions set out therein.

ANNUAL REPORT TO SHAREHOLDERS

Pursuant to NASDAQ’s Marketplace Rules that permit companies to make available their annual report to shareholders on or through the Company’s website, the Company posts its annual reports on the Company’s website. The annual report for the year ended June 30, 2023 (the “2023 Annual Report”) has been filed with the U.S. Securities and Exchange Commission. The Company adopted this practice to avoid the considerable expense associated with mailing physical copies of such report to record holders. You may obtain a copy of our 2023 Annual Report to shareholders by visiting the “Financials” heading under the “Investors” section of the Company’s website at cpop.cn. If you want to receive a paper or email copy of the Company’s 2023 Annual Report to shareholders, you must request one. There is no charge to you for requesting a copy. Please make your request for a copy to the investor relations contact of the Company, Mike Wu, at bodo@cpop.cn.

2

PROPOSAL NO. 1 THROUGH PROPOSAL NO. 5

RE-ELECTION OF CURRENT DIRECTORS

The Board of Directors currently consists of five members. All five current directors named below will seek re-election at the Meeting.

The Company’s nominating and corporate governance committee recommends, and the Board of Directors concurs, that the five current directors be re-elected.

Each director to be re-elected will hold office until the next annual general meeting of shareholders or until his or her appointment is otherwise terminated in accordance with the Articles.

DIRECTORS FOR RE-ELECTION

Mr. Zhuoqin Huang has been our chief executive officer and chairman of the board of directors since May 6, 2020 and director since January 3, 2020. Mr. Huang has served as the chairman of Xiamen Pop Culture Co., Ltd. (“Xiamen Pop Culture”) since May 2016 and its chief executive officer since August 2008. From March 2005 to August 2008, Mr. Huang served as the chief executive officer of Fujian Zhongtian Chuanxun Advertising Co., Ltd. Xiamen Branch Office, an advertising company. From August 2002 to March 2005, Mr. Huang worked as a brand manager of Swire Coca-Cola Beverages Xiamen Ltd., a manufacturer of non-alcohol beverages. Mr. Huang received his bachelor’s degree in Tourism Economic Management from Huaqiao University in 2002.

Ms. Wenjuan Qiu has served as the Director of General Manager’s Office of Xiamen Pop Culture, responsible for proposing and implementing business strategies of Xiamen Pop Culture, since July 2013. She has also served as the general manager of Hualiu Digital Entertainment (Beijing) International Culture Media Co., Ltd. (“Hualiu Digital”), a wholly owned subsidiary of Xiamen Pop Culture, since April 14, 2022. Before joining Xiamen Pop Culture and Hualiu Digital, she worked at the Market Development Department of Bang Meng Hui Jun Consulting Co. Ltd., a consulting firm, from July 2009 to June 2013. Ms. Qiu holds a bachelor’s degree in e-commerce from Yango University of Fuzhou University.

Mr. Zhidi Lin has served as the Chief Financial Officer and Secretary of the Board of Directors of Xiamen Kaopu Cloud Co. (“Kaopu Cloud”), a cloud service provider, since May 2019. His experience focuses on financial management and risk management. At Kaopu Cloud, Mr. Lin leads the development of a financial management system and the establishment of an integrated financial control system for budgeting, funding, expense reimbursement, and financial analysis. He also formulates Kaopu Cloud’s internal control system and participates in the operation and management of Kaopu Cloud. Before joining Kaopu Cloud, from July 2018 to May 2019, Mr. Lin served as the Chief Financial Officer and Secretary of the Board of Directors of Yew Wah Landscape Co. (“Yew Wah”), a company providing landscape design, planting, and construction services. Mr. Lin was responsible for Yew Wah’s financial management, including initial public offering (“IPO”) financial standardization, tax planning, internal control construction, investment, and financing. He was also in charge of equity financing, bank financing, foreign investment, and IPO, and coordinating the daily work of Yew Wah’s Board of Directors. Mr. Lin holds a bachelor’s degree in food science and engineering from Jimei University in 2007, and a master’s degree in economics from Fujian Normal University in 2010.

Mr. Haiquan Hu has served as the general manager of Giant Master Culture Development Co., Ltd (“Giant Master”), a culture development company, since October 2008, the general manager of Hangzhou Jujiang Star Electronic Commerce Co., LTD (“Jujiang Star”), a multi-channel network provider collaborating with influencers to provide audience development, content programming, creator collaborations, digital rights management, monetization, and/or sales, since June 2020, and the founder of Haiquan Fund, a venture capital fund focusing on artificial intelligence, healthcare, and entertainment areas, since 2013. Mr. Hu is responsible for formulating strategic planning and management policies at both Giant Master and Jujiang Star. At Haiquan Fund, Mr. Hu determines the investment direction of the fund, and is one of the members of the investment committee. He has rich experience in the entertainment and culture industries. Mr. Hu holds a bachelor’s degree in foreign trade from Shenyang Radio and Television University.

3
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eyeownu eyeownu 23 hours ago
somethings not adding up
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eyeownu eyeownu 23 hours ago
added some more
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eyeownu eyeownu 3 days ago
soon POP
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eyeownu eyeownu 1 week ago
$CPOP my only regret is not buying more
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gail gail 2 weeks ago
mm arcx trying to slow it down, lol
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gail gail 2 weeks ago
grabbed some today, looks like its trending up again.
👍️0
eyeownu eyeownu 2 weeks ago
book value.. book value.. book value..........
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eyeownu eyeownu 2 weeks ago
lFG!!!!!!!!
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eyeownu eyeownu 3 weeks ago
im buying!
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eyeownu eyeownu 3 weeks ago
looking ready for a reversal
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boston127 boston127 4 weeks ago
This has broken a ton of hearts.

Hip hop in China? Really?
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tbonaces80 tbonaces80 1 month ago
Break above $3.17 on volume
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tbonaces80 tbonaces80 1 month ago
50 large. Will sell at $9
👍️ 1
tbonaces80 tbonaces80 1 month ago
Yup. That where my buy stop was
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gozz1254 gozz1254 1 month ago
I'm in At the 3.00 breakout
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StockItOut StockItOut 1 month ago
@Zardiw showing today's breakout pretends his stick scanner showed CPOP before it broke out.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174384334
👍️0
Invest-in-America Invest-in-America 1 month ago
CPOP: Party song below, for all here (like ME!!) who scored some easy, quick, BUCKS behind this turkey today --- and then DUMPED it all!! LOVE-IT!!!

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bigfart bigfart 1 month ago
Possible $5?
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saigai saigai 1 month ago
basing and then fingers crossed
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saigai saigai 1 month ago
mkt cap tiny so day traders are joined by value hunters.. if you buy the pr then 100 million cap is not crazy
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glenn1919 glenn1919 1 month ago
CPOP.....................................https://stockcharts.com/h-sc/ui?s=CPOP&p=W&b=5&g=0&id=p86431144783
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gail gail 1 month ago
grabbed some today.
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Monksdream Monksdream 1 month ago
Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc
👍️0
boston127 boston127 4 months ago
Why do you say that? They have

been losing revenue every year for 5 straight years. I do not see hip hop taking off in China.IN the past 5 years, they have gone from $740 to $3. If you have justifications for the pop to $15, let's hear it. I hope you are correct.
👍️0
Me2Greedy Me2Greedy 4 months ago
Big POP still to come. $15 target
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peterus peterus 4 months ago
you bought 6s and you green lol
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boston127 boston127 4 months ago
I'm out. Made a few bucks.

Have no idea where this company is going, decided to stop gambling with this one. GLTA
👍️0
boston127 boston127 4 months ago
Back in the green this AM.

Nice HOD this AM @ $4.70.
👍️0
boston127 boston127 4 months ago
Up a bit in AH.

Could be a good week next week.
👍️0
boston127 boston127 4 months ago
Maybe I will just sell and watch it.

Thanks for your advice. You got me out at $7.04
👍️ 1
IRON_CROSS IRON_CROSS 4 months ago
That's not good.. :( you could always just average down enough to get out on the next spike (50%+ down is a lot in one day) <<< so, there probably will be one before ultimately retracing all the way back to fill that lower gap... but who knows,, could 'spike' a lot or a little.

You might give it a shot since you're definitely 'in' now anyways. Best of luck to you! Hang in there
👍️0
boston127 boston127 4 months ago
Hey, I foolishly put in a GTC order

for $6. Just checked and I got filled. It only took me a few days to give back all of my profits. I guess i'm in it for the long term now.
👍️0
IRON_CROSS IRON_CROSS 4 months ago
Maybe/maybe not... however, there is a market as Asians love anything music and dance,, BUT I don't think that really matters so much in the markets... only the SP really matters in this game.

Also, I look for CPOP to either change completely -or- add other avenues to their business model <<< they may already be doing it and just haven't let on yet (hence the big move)... WATCHING CLOSELY.

Plus, as you know, there is always two sides to the trade 👇️ ... we'll see what happens.

👍️0
boston127 boston127 4 months ago
I cannot see hip-hop taking off

in China. Japan and South Korea? Yes.
👍️0
boston127 boston127 4 months ago
I saw that. I sold 1000 shares

at $7.04 earlier. The old saying, "Pigs get slaughtered." I have a new BUY in at $6. This company has been a money losing adventure for 5 years. Maybe, this time they will get it right. Going to watch it.
👍️ 1 💯 1
eyeownu eyeownu 4 months ago
$CPOP holding up well!
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eyeownu eyeownu 4 months ago
$CPOP holding up well!
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IRON_CROSS IRON_CROSS 4 months ago
I am actually amazed to see it holding up so well, and still a good amount of volume also. Must be something keeping her going.

Pre r/s this was up to $80 a few years back.
👍️0
boston127 boston127 4 months ago
The HOD was $8 today.

We could see a finish above $8 today. If this dips down below $6, I'm a buyer and will add.
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boston127 boston127 4 months ago
Having a good day today.

It is my only green stock today. Going to hang in here.
👍️ 1
Monksdream Monksdream 4 months ago
Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc
👍️0
IRON_CROSS IRON_CROSS 4 months ago
Sure you are,, you said yourself it will retrace so you can be pretty certain to at least take some profits. That's a lot of money to leave on the table, especially if it retraces all the way to the Lower gap. Not saying you Should or Shouldn't do either/or (you have your own reasons,style,etc.), just saying leaving money on the table is money you could have back in your coffer's. --never be afraid to take profits.

Either way, I hope she continues to trade well and not die out... you never know in this game,, that's one thing for sure. GLTU my friend!
👍️0
boston127 boston127 4 months ago
Gotta fill those gaps with retracements.

Going to hang in as opposed to take profits. I'm not smart enough to get in and out.
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IRON_CROSS IRON_CROSS 4 months ago
Might be the end of the push for today ... gap fill needed @ the $4.70 level (other than the lower gap).

I was talikn' it up,, but got back out @8.12 out for now.. we'll see what happens. $CPOP
WATCHING CLOSELY
could pop again though,, who knows, she's Wild! ♠️
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IRON_CROSS IRON_CROSS 4 months ago
Howza bout them apples ALL $CPOP Wow!

nothin' like free riding a free ride, then cashing out for another ride... as for me,, 'I like the stock.' Lol
back on... LG!
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peterus peterus 4 months ago
halt up niceeee
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peterus peterus 4 months ago
yup stronger then i thought
👍️ 1
IRON_CROSS IRON_CROSS 4 months ago
Looks like she's still got some juice for now. We'll see... been awesome so far . $$$
👍️0
peterus peterus 4 months ago
not looking good for tmrw
👍️0

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