LOPAL TECH Secures Shareholder Backing on All 2025 AGM Resolutions, Including Articles Revision and Fresh Share-Issuance Mandates

Bulletin Express06-26

Jiangsu LOPAL Tech. Group Co., Ltd. (LOPAL TECH; HKEX: 02465) announced that shareholders endorsed every motion tabled at the 2025 Annual General Meeting held on 26 June 2026 in Nanjing.

– Participation and Voting • Share capital entitled to vote: 791.11 million shares (656.11 million A-shares; 135.00 million H-shares). • Attendance: 559 shareholders and proxies, representing 259.37 million shares, or 32.79% of voting rights. • All 11 ordinary and 4 special resolutions met or exceeded the required approval thresholds; most ordinary items achieved c.99.7% support, while special mandates attracted support ranging between 96.36% and 97.00%.

– Key Ordinary Resolutions Passed 1. 2025 Board report, Independent Directors’ report and full-year accounts received c.99.7% approval. 2. 2025 profit distribution plan cleared with 99.72% support (details of distribution not disclosed in the notice). 3. Forecast and implementation plan for 2025 related-party transactions and the 2026 estimate passed with 96.58% support; interested directors—holding a combined 27.23% of shares—abstained. 4. Individual 2025 remuneration packages and 2026 remuneration schemes for directors and senior management approved, with support levels near or above 96%. 5. Re-appointment of the external auditor for FY2026 obtained 99.74% approval. 6. Adoption of China Accounting Standards for Business Enterprises (CAS) as the uniform reporting framework endorsed by 99.74% of votes.

– Special Resolutions Cleared 1. Increase in the 2026 guarantee quota approved with 96.36% support. 2. General mandate for the Board to issue, allot and deal with additional A and/or H shares up to 20% of each class passed with 96.98% support. 3. Simplified-procedure mandate to issue up to 20% of A-shares, capped at RMB300 million and 20% of prior-year net assets, received 97.00% backing. 4. Changes to registered capital and corresponding amendments to the Articles of Association gained 99.73% approval.

– Articles of Association Updated Following shareholder endorsement, the revised Articles of Association became effective immediately after the AGM. Updated documents will be available on HKEX (www.hkexnews.hk) and the company website (www.lopal.cn).

Computershare Hong Kong Investor Services acted as scrutineer. Grandall Law Firm (Shanghai) confirmed the legality and validity of the meeting procedures and voting results.

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