Xiaocaiyuan Schedules 20 Apr 2026 AGM; Proposes RMB0.2125 Final Dividend, 20% Issue and 10% Buy-back Mandates

Bulletin Express03-26

Xiaocaiyuan International Holding Ltd. has convened its Annual General Meeting for 10:00 a.m. on 20 April 2026 at the company’s Tongling headquarters.

Key items on the agenda are as follows:

1. Financial Statements and Dividend • Shareholders will vote on adopting the audited consolidated results for the year ended 31 December 2025. • The board recommends a final dividend of RMB0.2125 per share.

2. Board Composition and Remuneration • Re-election of Ms. Wang Weifang and Mr. Tao Xu’an as executive directors and Mr. Zeng Xiaosong as an independent non-executive director. • Authorisation for the board to determine directors’ remuneration.

3. Auditor • Proposal to re-appoint KPMG as external auditor, with remuneration to be set by the board.

4. Share Capital Authorities • General mandate allowing the board to issue, allot or deal with additional shares up to 20% of the company’s issued share capital (excluding treasury shares) during the mandate period. • Separate authority to repurchase shares on the Hong Kong Stock Exchange or other recognised exchanges, capped at 10% of issued share capital. • Conditional extension whereby the issue mandate can be increased by the number of shares repurchased under the buy-back mandate.

5. Corporate Governance • Special resolution to adopt a third amended and restated memorandum and articles of association, reflecting the detailed amendments circulated on 27 March 2026.

Key Timetable • Last day to lodge share transfers: 4:30 p.m., 14 April 2026. • Register of members closed: 15–20 April 2026 (both dates inclusive). • Proxy forms must reach Tricor Investor Services Limited no later than 10:00 a.m., 18 April 2026.

Shareholders recorded on the register at the close of 20 April 2026 are entitled to attend and vote at the AGM.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment