CG Services Wins Strong Shareholder Backing for 60% Payout and Fresh Mandates at 2026 AGM

Country Garden Services Holdings Company Limited (CG Services) secured sweeping shareholder approval for all agenda items at its 29 May 2026 virtual annual general meeting (AGM).

Dividend policy affirmed • Shareholders supported a final dividend of RMB 4.62 cents per share and a special dividend of RMB 41.80 cents per share for FY 2025. • The board is authorised to adjust the two distributions so that their combined total remains at or above 60% of FY 2025 core net profit attributable to owners, stated as roughly RMB 1.51 billion. • Both dividend resolutions passed with 99.99% of votes in favour (1.70 billion votes for; 0.00 billion against).

Director changes and remuneration • Executive directors Xu Binhuai and Xiao Hua were re-elected with 95.77% and 95.68% approval, respectively. • Independent non-executive director Mei Wenjue was re-elected with 95.42% support. • The board retains authority to set director remuneration, endorsed by 99.94% of votes cast.

Auditor re-appointment • Deloitte Touche Tohmatsu was re-appointed as external auditor, receiving 88.17% shareholder backing.

Capital management mandates • A fresh general mandate allows the board to issue new shares and/or dispose of treasury shares up to 20% of the company’s issued share capital; 80.59% of votes were in favour. • A separate mandate to repurchase up to 10% of issued shares passed with 99.98% support. • Shareholders also approved an extension of the issuance mandate by adding repurchased shares, with 80.61% approval.

Voting profile • Total shares entitled to vote: 3.26 billion. • Yunnan International Trust Co., Ltd., holding 109.00 million unvested scheme shares, abstained in line with listing rules. • All resolutions met the simple-majority threshold and are now effective.

Board attendance and governance All directors were present at the AGM, underscoring full board engagement. Xu Binhuai continues as President and executive director; Xiao Hua remains executive director; Yang Huiyan stays on as non-executive chair; and four independent non-executive directors—Mei Wenjue, Rui Meng, Chen Weiru and Zhao Jun—retain their positions.

The comprehensive approvals reinforce CG Services’ commitment to a high dividend payout and provide management with flexibility for future capital actions.