China Conch Environment Protection Holdings Limited (CONCH ENVIRO) has issued its proxy circular for the annual general meeting (AGM) to be held on 26 June 2026 at 10:00 a.m. in Wuhu, Anhui Province.
Key items for shareholder approval include:
• Financial Statements: Adoption of the audited consolidated financial statements and the directors’ and auditors’ reports for the year ended 31 December 2025.
• Board Composition: Re-election of four directors—Mr. Zhou Xiaochuan and Ms. Liao Dan as executive directors; Mr. Liu Tiantian and Mr. Ma Wei as non-executive directors; and Mr. Ding Wenjiang as independent non-executive director. The board also seeks authority to fix directors’ remuneration.
• Auditor Appointment: Ernst & Young is nominated to continue as external auditor until the next AGM, with the board authorised to determine its fee.
• Capital Management Mandates: – Share Buyback: A general mandate permitting the board to repurchase up to 10% of the company’s issued share capital (excluding any treasury shares). – Share Issuance: A separate mandate allowing the board to issue, allot or deal in additional shares—also including any sale or transfer of treasury shares—up to 20% of issued share capital. – Mandate Extension: Authorisation to extend the issuance mandate by the number of shares repurchased under the buyback mandate.
• Governance Update: A special resolution proposes amendments to the existing memorandum and articles of association, replacing them with a third amended and restated version.
Shareholders on record may appoint proxies, with forms to be lodged at the Hong Kong branch share registrar by 10:00 a.m. on 24 June 2026.
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