XIAO NOODLES tables 2025 dividend of RMB0.03, seeks board re-elections plus 20% new-issue and 10% buy-back mandates

Guangzhou Xiao Noodles Catering Management Co., Ltd. (XIAO NOODLES) has released its 2025 annual circular ahead of the 25 June 2026 AGM, outlining key resolutions for shareholder approval.

Dividend proposal • A final cash dividend of RMB0.03 per share (pre-tax) is recommended. • Upon approval, the dividend will be paid on or before 29 July 2026, converted into Hong Kong dollars at the PBoC fixing on the AGM date. • The ex-dividend date is expected on 1 July 2026; the H-share register will be closed from 1–3 July 2026 for entitlement determination.

Board and supervisory slate • Re-election of seven directors for the second three-year board term: executive directors Song Qi, Su Xuxiang and Luo Yanling; non-executive director Wang Xiaolong; independent non-executive directors Xu Lei, Chan Kwok Bun and Zhong Jiesheng. • Director remuneration: executive directors to receive employment-based salaries (e.g., Chairman & CEO Song Qi at RMB0.11 million monthly); non-executive director to receive no director’s fee; each independent director to receive HK$25,000 per month. • Re-appointment of supervisors Qin Yan and Peng Yue (shareholder representatives) and Zhang Qi (employee representative); supervisors will not receive additional fees beyond their existing employment compensation.

Capital management authorities • General mandate to issue up to 20% of existing H-share capital—equivalent to a maximum 142.14 million new H Shares—during the 12-month mandate period. • General mandate to repurchase up to 10% of H Shares—up to 71.07 million shares—under prevailing PRC and Hong Kong regulations. • Between February and 20 April 2026, the company repurchased 4.09 million H Shares for HK$21.80 million.

Auditor re-appointment • KPMG proposed for re-appointment as external auditor for FY 2026 at an estimated fee of RMB3.05 million.

Key meeting logistics • Shareholders of record by 18 June 2026 can attend and vote at the AGM; the register will be closed 22–25 June 2026. • Proxy forms must reach Tricor Investor Services by 10:00 a.m. on 24 June 2026.

Tax treatment • Dividends to non-resident enterprises will be subject to 10% PRC withholding tax. • For individual H-shareholders, withholding rates will follow applicable treaty rates, generally 10% for Hong Kong and Macau residents.

The full 2025 annual report, board and supervisory work reports, profit allocation plan and related appointment details are available on HKEXnews and the company website.