China Huajun Group Sets 29 June 2026 AGM to Vote on Share Mandates, Board Re-elections and Bye-law Revamp

China Huajun Group has called its 2026 annual general meeting (AGM) for 29 June 2026 in Hong Kong to seek shareholder approval on five key items.

Share Issuance and Buy-back Mandates • The board is asking for a new general mandate to issue up to 20% of the company’s issued share capital and a separate mandate to repurchase up to 10%. • As of 29 May 2026, China Huajun had 61.54 million shares outstanding, implying a potential new-issue ceiling of roughly 12.31 million shares and a repurchase limit of about 6.15 million shares. • Directors also propose that any shares repurchased under the buy-back mandate can be added to the issuance mandate, effectively increasing the number of shares they may reissue.

Director Re-elections and Auditor Renewal • Executive directors Chen Yun and Wang Xiaomei and independent non-executive director Ding Xingfu will retire by rotation and stand for re-election. • Prism Hong Kong Limited is nominated for re-appointment as auditor for the year ending 31 December 2026, with an estimated audit fee of HK$1.50 million, subject to final engagement terms.

Proposed New Bye-laws • The board recommends replacing the existing bye-laws with a comprehensive revised version. Key changes include: – Alignment with the Hong Kong Stock Exchange’s 2024 treasury-share regime. – Provisions for hybrid or fully electronic general meetings and electronic dissemination of corporate communications. – Updates to reflect paperless listing rules and various housekeeping amendments.

Meeting Logistics • The share register will close from 24–29 June 2026. Shareholders on record as of 24 June 2026 may attend and vote. • Proxy forms must be lodged by 10:00 a.m. on 27 June 2026. • All resolutions will be decided by poll, and results will be published on the HKEX and company websites.

Capital Structure and Lien Framework • The circular confirms an authorised share capital of HK$400 million (400 million shares at HK$1.00 par value). • No treasury shares are currently held. • The proposed bye-laws include provisions for holding, transferring and cancelling treasury shares, and clarify voting rights attached to such shares (no voting rights while held in treasury).

Dividend-related Flexibility • The new bye-laws introduce scrip dividend options and digital payment arrangements, subject to future board decisions and shareholder approval.

Shareholder Action • The board unanimously recommends voting in favour of all resolutions. • Failure to pass the bye-law overhaul would leave the current rulebook in force; other resolutions are not contingent on its approval.