Meitu AGM 2026: All Resolutions Pass; HK$0.05 Final Dividend Approved

Bulletin Express06-05 18:27

Meitu, Inc. held its Annual General Meeting on 5 June 2026 in Hong Kong, where shareholders backed every motion on the agenda through a poll vote.

Ordinary resolutions

• Financial Statements: The audited results for the year ended 31 December 2025 were adopted with 99.97% of votes cast in favour.

• Board Composition: Co-founder Chen Jiarong and non-executive director Hong Yupeng were re-elected with 89.89% and 87.58% support, respectively.

• Directors’ Remuneration: The board was authorised to set directors’ fees, winning 99.98% approval.

• Auditor: PricewaterhouseCoopers was re-appointed with 80.46% support; 19.54% voted against.

• Issuance Mandate: Directors received authority to issue up to 20% of share capital, backed by 74.58% of votes.

• Share Buy-back Mandate: Authority to repurchase up to 10% of shares gained 99.91% approval.

• Mandate Extension: The share-issuance mandate may be extended by the number of shares repurchased; 75.03% voted in favour.

• Final Dividend: A cash dividend of HK$0.05 per share was endorsed with 99.997% support. Based on 4.55 billion shares eligible for payout, the distribution would total about HK$227.43 million.

Special resolutions

All amendments to the company's Articles of Association—including provisions on treasury shares, dividends, paperless communications, and miscellaneous updates—were passed, each securing at least 99.99% support.

Voting base and attendance

At the meeting date, 4.55 billion shares were entitled to vote, while 37.54 million treasury shares carried no voting rights. Computershare Hong Kong Investor Services Limited acted as scrutineer. Chairman Wu Zeyuan attended in person; all other directors participated electronically.

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