On 24 June 2026, Nanfang Communication Holdings Limited announced that every one of the seven ordinary resolutions tabled at its annual general meeting was passed by poll, each securing no less than 99.32% of votes cast.
Key Voting Outcomes 1. Adoption of the FY 2025 audited financial statements received 897.24 million votes in favour versus 2.48 million against, translating to 99.72% support.
2. Board Composition • Non-executive Director Yu Jinlai: 99.72% approval (897.24 million for, 2.48 million against). • Executive Director Shi Ming: 99.72% approval (897.24 million for, 2.48 million against). • Independent Non-executive Director Chan Kai Wing: 99.70% approval (897.01 million for, 2.72 million against). • Independent Non-executive Director Ju Hefeng: 99.72% approval (897.24 million for, 2.48 million against).
3. Authorisation to set directors’ remuneration recorded 99.72% support (897.24 million for, 2.49 million against).
4. Re-appointment of BDO Limited as auditor gained 99.70% backing (897.01 million for, 2.72 million against).
5. Capital Authorities • General mandate to issue up to 20% of existing share capital: 99.32% approval (893.62 million for, 6.10 million against). • Repurchase mandate for up to 10% of shares: 99.72% approval (897.24 million for, 2.48 million against). • Extension of issue mandate by amount repurchased: 99.70% approval (897.01 million for, 2.72 million against).
Shareholder Base and Scrutiny The meeting represented a voting pool of 1.63 billion shares. No shareholders were required to abstain or faced voting restrictions. Tricor Investor Services Limited acted as the independent scrutineer, and all directors attended the meeting.
Board Confirmation Chairman Yu Rumin confirmed the resolutions’ passage, maintaining the current board structure and refreshing both issuance and repurchase mandates for the coming year.
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