Zhejiang Shibao Company Limited has issued the proxy form and agenda for its 2025 Annual General Meeting, scheduled for 30 June 2026 at 2:00 p.m. in the company’s Hangzhou headquarters.
Key resolutions to be tabled:
1. 2025 Financial Statements • Shareholders will vote on the 2025 Audit Report alongside the full Annual Report, its summary and the results announcement.
2. Profit Distribution • The Board recommends a cash dividend of RMB0.60 (tax inclusive) for every 10 shares, translating to RMB49.36 million in total. No bonus shares or capital‐reserve conversions are proposed.
3. Corporate Governance and Board Work Reports • The 2025 Work Report of the Board and the 2025 Corporate Governance Report are up for approval.
4. Board Remuneration for 2026 • Total directors’ remuneration is proposed not to exceed RMB6.00 million (before tax), with the Board authorised to allocate amounts among individual directors.
5. Auditor Mandate • Pan-China Certified Public Accountants LLP is nominated for re-appointment as external auditor for 2026, with remuneration to be determined by the Board.
6. Board Composition • Election of Mr. Wang Zhi Fu as an independent non-executive director of the eighth Board session will be considered.
All AGM resolutions will be decided by poll. Shareholders may appoint proxies by submitting completed forms to Computershare Hong Kong Investor Services Limited no later than 24 hours before the meeting. Joint shareholders may vote in person or by proxy, with priority given to the first-named holder present.
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