The board of Kidztech has dispatched a circular convening the annual general meeting for 29 Jun 2026 in Shantou, Guangdong (11:00 a.m. Beijing time).
Key resolutions to be tabled:
1. Capital mandates • Issue Mandate: authority to allot and deal with up to 174.88 million new shares, equivalent to 20% of the 874.39 million shares in issue (treasury shares excluded) on the AGM date. • Repurchase Mandate: authority to buy back up to 87.44 million shares, representing 10% of the share base, with an automatic extension allowing any repurchased shares to be re-issued under the Issue Mandate. The board confirms repurchases will be funded from legally available resources and will not reduce public float below 25%.
2. Board composition • Re-election of three directors: Executive Director Zhu Qiang, Non-executive Director Zheng Jingyun and Independent Non-executive Director Wang Shiling. • Directors’ remuneration will continue to be set by the board within existing policy.
3. Auditor • Re-appointment of McMillan Woods (Hong Kong) CPA Limited for FY 2026. Estimated audit fee: HK$0.70–0.80 million, subject to annual review.
4. Corporate rebranding • Proposal to change the English name to “JIUTAI DIGITAL TECHNOLOGY HOLDINGS LIMITED” and the Chinese name to “九泰數智科技控股有限公司”, subject to shareholder approval and registration in the Cayman Islands. Existing share certificates will remain valid; new certificates will bear the new name.
Administrative details:
• Share register will close from 24 Jun 2026 to 29 Jun 2026 (both days inclusive). Shareholders must lodge transfers by 4:30 p.m. on 23 Jun 2026 to qualify for voting. • All resolutions will be voted on by poll. Holders of any treasury shares must abstain.
The circular emphasises that the proposed mandates and rebranding aim to enhance capital flexibility and corporate positioning without affecting shareholder rights or daily operations.
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