CR Holdings Sets 23 June 2026 AGM; Seeks 20% Issuance Mandate, 10% Buy-back Authority and Board Refresh

Bulletin Express05-29

China Renaissance Holdings Limited (CR Holdings, 01911) has released its 2026 AGM circular, detailing several key resolutions to be tabled on 23 June 2026 in Hong Kong.

Key proposals

1. Capital mandates • Issue mandate: Directors seek authority to allot, issue or deal with up to 114.67 million new shares, representing 20% of the 573.35 million shares in issue (treasury shares excluded) as at the latest practicable date of 25 May 2026. • Repurchase mandate: Authority to buy back up to 57.33 million shares, equivalent to 10% of issued share capital. The company may either cancel repurchased shares or hold them as treasury shares in line with revised Listing Rules. • Extension mandate: Shares repurchased under the above authority may be added to the issuance limit, effectively allowing a further 10% on top of the 20% mandate.

2. Board composition Four directors are standing for re-election: executive directors Mr Wang Lixing (also CEO and Co-President) and Mr Du Yongbo (Co-President), plus independent non-executive directors Mr Alex Liang and Mr Fu Frank Kan. If approved, their service agreements continue on three-year terms with no fixed annual emolument for the executive directors and annual fees of HKD0.50 million and HKD0.30 million for Mr Liang and Mr Fu respectively.

3. Auditor retention ZHONGHUI ANDA CPA Limited is proposed for re-appointment for the financial year ending 31 December 2026, with an expected audit fee of RMB3.70 million.

4. Governance update Shareholders will vote on adopting a sixth amended and restated Memorandum and Articles of Association. Key changes include provisions for fully virtual or hybrid shareholder meetings, alignment with updated Hong Kong Listing Rules on treasury shares and electronic voting, and other housekeeping amendments.

Logistics • Record date/book-closure: 17–23 June 2026 (both days inclusive). • Proxy deadline: 10:00 a.m. on 21 June 2026. • AGM venue: Units 8107-08, Level 81, International Commerce Centre, Kowloon.

The board recommends shareholders vote in favour of all resolutions. No gifts or souvenirs will be distributed at the AGM.

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