Shoucheng announced that every motion tabled at its 20 April 2026 Annual General Meeting was approved by poll, clearing the way for continued board stability, refreshed mandates and a new independent director appointment.
The audited financial statements for the year ended 31 December 2025 were adopted with 3.94 billion votes in favour (99.94%), while a final dividend for the same period secured 3.94 billion votes (99.98%).
Six incumbent directors were re-elected with support ratios ranging from 99.78% to 99.94%. A separate resolution to appoint Ms. Li Tiantian as an Independent Non-executive Director (INED) received 3.94 billion votes (99.98%).
PricewaterhouseCoopers was re-appointed as auditor with 3.82 billion votes in favour (96.95%). Shareholders also renewed the 20% general share-issuance mandate (96.79% support) and the 10% share-buyback mandate (99.98% support); a related mandate to extend the issuance limit by the amount bought back garnered identical backing to the issuance mandate (96.79%).
The poll was conducted across an issued share base of 8.19 billion shares, with Tricor Investor Services acting as scrutineer. No shareholder was required to abstain, and no votes were cast against management recommendations in significant numbers.
With effect from the meeting’s close, Ms. Li Tiantian, aged 46, joins the board as INED and becomes a member of the Remuneration Committee. Ms. Li brings more than two decades of corporate management experience and currently serves as an independent director of New Hope Liuhe Co., Ltd. Her engagement letter runs through 31 December 2026, automatically renewable annually, and entitles her to an annual fee of HK$330,000 plus a HK$5,000 meeting allowance.
Following her appointment, the Remuneration Committee now comprises Zhang Quanling (Chairlady), Peng Jihai, Wang Xin, Zhang Jianwei and Li Tiantian.
Comments