Dekon Food and Agriculture Group will hold its 2025 Annual General Meeting (AGM) on 15 April 2026 in Chengdu. Shareholders will vote on a comprehensive slate of ordinary and special resolutions that frame the group’s funding capacity, balance-sheet flexibility and governance arrangements for 2026.
Key financing authorisations • Consolidated credit lines: Management seeks approval to negotiate bank facilities of up to RMB 20.00 billion. The chairman or general manager would be empowered to arrange loans, guarantees, mortgages and pledges within this limit from 01 Jan 2026 to 30 Jun 2027, with revolving use permitted. • Inter-company guarantees: The Board requests authority to provide guarantees totalling up to RMB 11.00 billion for subsidiaries, comprising RMB 7.00 billion for financial-institution and partner financing and RMB 4.00 billion for supplier credit. The guarantees would share the same 01 Jan 2026-30 Jun 2027 validity and apply only to non-connected parties.
Equity and treasury share mandates • Share issuance mandate: Directors may issue or resell up to 20% of issued share capital (excluding treasury shares), equivalent to a maximum of 77.31 million shares based on the current register of 388.88 million shares and 2.32 million treasury shares. The mandate runs until the earlier of the next AGM, 12 months from approval, or revocation by shareholders. • Share repurchase mandate: The Board seeks authority to buy back up to 10% of H shares in issue (after treasury shares), allowing repurchases of up to 15.53 million H shares. Repurchased shares may be cancelled or retained as treasury stock, subject to Listing Rules and PRC regulations. • Debt financing instruments: A separate general mandate would permit onshore and offshore issuances—covering corporate bonds, MTNs, convertible bonds, perpetual or subordinated notes and asset-backed securities—within regulatory limits. Tenors may extend to 15 years; proceeds can fund operations, refinance debt or supplement working capital. The authorisation is effective until the 2026 AGM.
Governance and remuneration proposals Shareholders will review the 2025 Board and Supervisory reports, the 2025 annual report, and proposed 2026 remuneration. Independent non-executive directors are slated to receive annual allowances of RMB 170,000 each, while executive and non-executive directors, as well as supervisors, continue to be compensated via their management roles without additional Board fees.
Audit appointment The Board recommends re-appointing KPMG Huazhen LLP as the Company’s external auditor for the 2026 financial year, with remuneration to be set by the Board.
Administrative details Holders of H shares must lodge transfers by 4:30 p.m. on 9 April 2026 to be eligible to vote. The share register will close from 10 April to 15 April 2026, inclusive. Voting at the AGM will be conducted by poll.
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