TJCD AGM Secures 100% Approval on All 11 Resolutions with 62.74% Shareholder Turnout

On 30 April 2026, Tianjin Construction Development Group Co., Ltd. (TJCD) convened its 2025 Annual General Meeting in Tianjin, drawing shareholders and proxies holding 162.48 million voting shares, equivalent to 62.74% of the company’s 258.95 million issued shares. All 11 proposed resolutions gained unanimous consent, with every ballot cast in favor and none against or abstaining.

Key Ordinary Resolutions • 2025 Annual Report, Board of Directors’ Report, and Supervisory Committee Report were all adopted with 100% support. • Re-appointment of KPMG as external auditor for FY 2026 received full backing, alongside authorization for the Board to determine remuneration. • Shareholders endorsed composite credit facilities and borrowings for 2026 and approved the 2026 remuneration plan for directors and supervisors.

Board and Supervisory Restructuring • Nine directors were confirmed for TJCD’s second Board session, including the election of Mr. Ma Guoqun as a new executive director, effective immediately. • Two non-employee representative supervisors—Mr. Wang Lei and Mr. Ren Feiyu—were appointed to the second Supervisory Committee, also with 100% approval.

Special Resolutions • Amendments to TJCD’s business scope and Articles of Association were ratified. The updated Articles became effective at the close of the AGM. • The Board received general mandates to (i) allot and issue additional H shares and (ii) repurchase H shares, each passing with complete shareholder support.

Governance and Oversight All directors attended the AGM in person or electronically, and the vote-counting process was overseen by Rongcheng (Hong Kong) CPA Ltd., shareholder representatives, and a supervisor representative, ensuring procedural integrity.

Following the AGM, TJCD’s Board comprises five executive directors (Mr. Zhao Kuanghua, Ms. Guan Fengdan, Mr. Yang Youhua, Mr. Ni Baqun, and Mr. Ma Guoqun), one non-executive director (Mr. Wang Wenbin, who also serves as chairman), and three independent non-executive directors (Dr. Yan Bing, Dr. Liu Jinlu, and Mr. Shiu Shu Ming).