Ronshine China Holdings Limited will ask shareholders to approve several key resolutions at the annual general meeting scheduled for 5 June 2026 in Shanghai.
Key Proposals 1. Share Issuance Mandate • Directors seek authority to issue, resell or transfer up to 20% of the issued share capital, equal to 336.69 million shares, during the mandate period. • An extension mandate would allow this limit to rise by the number of shares repurchased under the buy-back mandate.
2. Share Buy-Back Mandate • Authorisation to repurchase up to 10% of issued shares, or 168.34 million shares. • Any repurchased shares may be cancelled or held as treasury shares for future resale or other permissible uses.
3. Board and Auditor Matters • Re-election of executive directors Yu Lijuan and Zeng Feiyan, and independent non-executive director Ruan Weifeng. • Re-appointment of KTC Partners CPA Limited as auditor, with an estimated FY2026 audit fee of RMB 2.60 million.
Capital Structure Snapshot • Issued shares outstanding: 1.68 billion (as of 27 April 2026). • The Ou Family Trust, through Dingxin Company Limited, holds 1.10 billion shares, representing 65.17% of issued share capital.
Key Dates • Register closure: 2–5 June 2026 (both days inclusive). • Record date for AGM voting: 5 June 2026. • Proxy deadline: 3 June 2026, 10:00 a.m. • AGM: 5 June 2026, 10:00 a.m., Ronshine Greenland International, Shanghai.
If all resolutions pass, the refreshed mandates will provide the board with additional flexibility for capital management and potential fundraising over the coming year.
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