China Mobile Limited held its 2026 annual general meeting on 21 May 2026 in Hong Kong. Shareholders representing 21.68 billion shares were eligible to vote, and all 10 ordinary resolutions were passed with support ranging from 97.83 % to 99.98 %.
Key decisions 1. 2025 Financial Statements and Reports: Approved with 99.98 % of votes in favour (15.45 billion shares). 2. 2025 Final Dividend: Profit-distribution plan and final dividend for the year ended 31 December 2025 received 99.98 % approval. 3. 2026 Interim Dividend Authorisation: Board empowered to determine interim profit distribution; 99.98 % support. 4. Board Composition: • Executive director Mr Chen Zhongyue re-elected (99.84 % support). • Independent non-executive directors re-elected: – Mr Lee Ka Sze Carmelo (98.86 % support) – Mrs Leung Ko May Yee Margaret (99.15 % support) 5. Auditor Reappointment: KPMG and KPMG Huazhen LLP re-appointed with 99.97 % support; Board authorised to set fees. 6. Share Repurchase Mandate: Board authorised to repurchase up to 10 % of issued Hong Kong shares; 99.97 % approval. 7. Share Issue Mandate: Board authorised to issue up to 20 % of issued shares (excluding treasury shares); 97.94 % approval, with a corresponding extension mandate gaining 97.83 % support. 8. External Guarantees Plan 2026: Approved with 98.52 % of votes in favour.
Tax treatment of dividend Under PRC tax regulations, China Mobile will withhold 10 % enterprise income tax on the 2025 final dividend payable to non-resident enterprise shareholders, including those holding shares through HKSCC via the Shanghai-Hong Kong or Shenzhen-Hong Kong Stock Connect programmes.
Additional notes • All directors except Executive Director Mr Wang Limin attended the AGM in person. • Computershare Hong Kong Investor Services Limited acted as scrutineer for vote-taking.
All resolutions were carried as ordinary resolutions, cementing shareholder endorsement of the company’s 2025 performance, capital-return policy and operating mandates for 2026.
Comments