JD Logistics AGM 2026: Shareholders Approve All Resolutions with Up to 99.99% Support

Bulletin Express06-29

JD Logistics (the “Company”) announced that every motion tabled at the Annual General Meeting (AGM) on 29 June 2026 cleared the requisite 50% threshold, underscoring broad shareholder confidence in the management team and strategic direction.

Voting Base and Quorum • Issued share capital at the meeting date: 6.68 billion shares. • Shares pending cancellation: 51.99 million. • Shares held by scheme trustees (abstained): 344.45 million. • Shares entitled to vote: 6.28 billion. Computershare Hong Kong Investor Services Limited acted as the independent scrutineer.

Key Voting Results 1. 2025 Financial Statements: Adopted with 99.95% of the 5.01 billion votes cast in favour.

2. Board Composition – Executive Director Zhenhui Wang re-elected with 99.62% support. – Independent Non-Executive Directors Nora Gu Yi Wu, Laura J. Peterson and Lin Ye each secured at least 99.78% backing. – Independent Non-Executive Director Yi Hoi Tang re-elected with 94.76% support, the lowest margin of the meeting yet well above the simple-majority requirement.

3. Directors’ Remuneration: Authorisation to the Board passed with 99.82% approval.

4. Auditor Appointment: Deloitte Touche Tohmatsu reaffirmed as external auditor until the next AGM with 92.35% support.

5. Capital Mandates – General mandate to issue shares (including treasury stock): 87.10% approval. – Share repurchase mandate: 99.99% approval, the highest level of support recorded. – Extension of the issue mandate: 88.20% approval.

Board Attendance Eight directors were present at the AGM; Non-Executive Director Richard Qiangdong Liu was absent due to business commitments.

All resolutions being carried provides JD Logistics with renewed authority over capital management and board governance for the 2026 financial year.

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