Skyworth Group Limited will hold its annual general meeting (AGM) on 13 May 2026 at United Centre, Admiralty, Hong Kong. Key resolutions to be tabled include fresh general mandates for share issuance and repurchase, and the re-election of four directors.
Share Issuance Mandate • Board requests authority to allot and deal with up to 378.40 million new shares—equivalent to 20% of the 1.89 billion issued shares (excluding treasury shares) recorded on the latest practicable date, 10 April 2026. • The mandate also allows the number of repurchased shares (see below) to be added back to the issuance limit.
Share Repurchase Mandate • Directors seek approval to buy back up to 189.20 million shares, or 10% of the current issued share capital. • The company held no treasury shares as of 10 April 2026. • Any repurchased shares may be cancelled or held in treasury, subject to Listing Rules and Bermuda law.
Director Re-elections • Executive Directors: Lin Jin (Chairman) and Shi Chi (CEO). • Independent Non-executive Directors: Cheong Ying Chew, Henry and Sun Wei Yung, Kevin. – The nomination committee confirmed both INEDs’ independence—Mr Cheong despite serving more than nine years. – Remuneration (per current contracts): Lin Jin and Shi Chi each receive RMB 500,000 director’s fee plus up to RMB 3.00 million salary; INEDs Cheong and Sun are entitled to HKD 528,000 annually as director’s fee.
Register Closure • Share transfer registration will be suspended from 8 May 2026 to 13 May 2026, inclusive. Shareholders must lodge transfers by 4:30 p.m. on 7 May 2026 to qualify for AGM attendance and voting.
Auditors and Other Business • Re-appointment of Deloitte Touche Tohmatsu as external auditor for 2026 and authorisation for the board to set its remuneration will also be put to vote. • All AGM resolutions will be decided by poll as required under Hong Kong Listing Rules.
The board recommends shareholders support all proposed resolutions, citing additional capital-management flexibility and continuity in board composition.
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