Xinda Investment to Seek Fresh Share Mandates, Re-appoint Auditor and Update Charter at 26 June AGM

Xinda Investment Holdings is convening its annual general meeting on 26 June 2026 in Gaobeidian, Hebei, with five principal resolutions on the agenda.

Share issue and buy-back authorities • Directors will request a new 12-month general mandate to issue up to 296.92 million shares, equal to 20% of the current 1.48 billion issued shares. • A parallel mandate would authorise on-market buy-backs of up to 148.46 million shares (10% of issued capital). If both mandates are approved, shares repurchased could be added to the issue mandate, potentially lifting the overall limit to 30% of existing share capital. • The board said it has no immediate plans to issue shares but views the flexibility as beneficial.

Board changes • Independent non-executive directors (INEDs) Dr Han Qinchun and Mr Feng Zhidong will stand for re-election. • Dr Han, an INED since February 2015, has served more than nine years; his re-appointment will therefore be voted on by separate resolution in line with Hong Kong corporate-governance code B.2.3. • Both directors currently receive annual fees of HKD 250,000 each.

Auditor re-appointment • Shareholders will vote on re-appointing BDO Limited as external auditor for FY 2026. The estimated audit fee is set between RMB 1.16 million and RMB 1.29 million, assuming no major changes to the Group’s operations or regulatory environment.

Charter revision • The company proposes adopting a third amended and restated Memorandum and Articles of Association. Key updates align the charter with revised Hong Kong Listing Rules covering the broadened paperless listing regime, electronic dissemination of corporate communications and the new treasury-shares framework. • Amendments linked to the forthcoming Uncertificated Securities Market regime have been deferred pending further regulatory guidance.

Capital and shareholding snapshot • Issued share capital: 1,484.60 million shares (HKD 0.01 par value). • Executive Chairman and CEO Wei Qiang is deemed interested in 970.53 million shares, representing 65.37% of issued capital; a full 10% buy-back would raise his holding to 72.64%.

Logistics • The AGM will start at 10:30 a.m. on 26 June 2026; the share register closes from 23 to 26 June 2026. Shareholders must return proxy forms by 10:30 a.m. on 24 June 2026.