Knowledge Atlas Technology Joint Stock Company Limited (abbreviation: Knowledge Atlas) has issued a notice convening its 2025 Annual General Meeting (AGM) for 22 June 2026 in Beijing. The agenda combines routine corporate matters with a sizeable new equity financing proposal aimed at expanding the group’s artificial-intelligence capabilities.
Key AGM Proposals
1. Routine Resolutions • Board work report, 2025 annual report and profit distribution plan will be tabled for approval. • KPMG is proposed for re-appointment as auditor. • General mandates: the Board seeks authority to issue up to 20 % of outstanding shares (excluding treasury stock) and to repurchase up to 10 % of H-shares. • Adoption of a 2026 Share Award Scheme is up for shareholder vote.
2. Proposed A-Share Issuance and Sci-Tech Board Listing • Class & venue: RMB ordinary shares (A-shares) to list on the Shanghai Stock Exchange’s Sci-Tech Board. • Size: between 9.10 million and 38.77 million new shares, equivalent to 2 %–8 % of the post-issue share capital. • Pricing: to be set via book-building; underwriting will be on a standby-commitment basis. • Validity: the share-issue resolutions are valid for 12 months from AGM approval. • The Board also requests authorisation to manage all application, pricing, placement and post-listing compliance works.
3. Proceeds Deployment Plan Net proceeds are earmarked for three projects totalling RMB 15.00 billion: • RMB 12.00 billion for development of general-purpose large language models. • RMB 2.00 billion for a one-stop MaaS (Model-as-a-Service) platform. • RMB 1.00 billion to supplement working capital. Should funds raised fall short, the company may use internal resources or bank financing; any surplus will support core business operations.
4. Governance & Policy Updates • Share price stabilisation measures for the three years following the A-share listing. • A three-year dividend distribution framework post-IPO. • Amendments to the Articles—including a change in the English name—and updates to shareholder, Board and independent-director procedures, as well as policies on related-party transactions, guarantees, outbound investment and use of raised funds. • Confirmation of related-party transactions conducted between 1 January 2023 and 31 March 2026. • Appointment of an additional independent non-executive director and formal engagement of intermediaries for the A-share offer.
Meeting Logistics The register of members will be closed from 16 June 2026 to 22 June 2026 (both dates inclusive). Shareholders recorded on 22 June 2026 are entitled to attend and vote. Proxy forms must reach Tricor Investor Services by 2:00 p.m. on 21 June 2026.
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