Continental Aerospace Technologies Holding Limited (CON AERO TECH) announced that every motion tabled at its Annual General Meeting on 28 May 2026 was approved by poll, underlining broad shareholder support for board proposals.
Key outcomes
1. Financial statements and dividend • FY 2025 audited consolidated results were adopted with 100.00% of votes in favour (4.40 billion shares). • A final cash dividend of HK 0.5 cent per share was sanctioned by the same 100.00% approval, paving the way for distribution to holders of 9.30 billion issued shares.
2. Board composition • Six directors were re-elected, with support ranging from 98.26% to 99.92%. – Executive directors: Zhang Zhibiao (99.88%), Hu Min (98.26%) and Huang Kai (99.92%). – Independent non-executive directors: Li Ka Fai, David (99.80%) and Zhang Ping (98.26%). • Remuneration of directors will remain under the board’s authority following unanimous approval.
3. Auditor re-appointment Ernst & Young was re-appointed as external auditor for the coming year, receiving 99.84% of votes.
4. Capital management mandates • Share repurchase mandate: the board may buy back up to 10% of issued shares (100.00% approval). • Share issuance mandate: authority granted to issue new shares up to 20% of existing share capital, with 98.27% support. • Extension mandate: any repurchased shares can be added to the issuance limit, also backed by 98.27% of votes.
Voting mechanics
• Shareholders representing 4.40 billion shares participated, equal to 47.32% of the 9.30 billion shares outstanding on the record date. • No shareholders were required to abstain, and none voted against the dividend or financial statement resolutions. • Computershare Hong Kong Investor Services acted as scrutineer.
Director attendance
All board members attended the AGM in person except Chairman Huang Yongfeng, Yu Xiaodong, Hu Min, Huang Kai and Zhang Ping, who were absent.
With full approval of the proposed resolutions—covering financial statements, dividend distribution, board re-elections, auditor appointment and capital mandates—CON AERO TECH enters its next fiscal year with affirmed governance structures and shareholder backing.
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