ZONQING LTD Tables 29 May 2026 AGM; Seeks Board Re-Elections, 20% Issuance Mandate and Updated Articles

ZONQING Environmental Limited (ZONQING LTD, 01855) has issued a circular convening its annual general meeting for 29 May 2026 in Changchun. Key resolutions and data points are as follows:

• Board Composition – Re-election is proposed for Executive Director Wang Yan, Non-executive Director Lyu Hongyan and Independent Non-executive Director Gao Xiangnong.

• Audit – KPMG is nominated for re-appointment. The audit fee for FY-2026 is estimated at RMB2.80–3.10 million.

• Capital Mandates –  – General Issuance: Directors seek authority to allot and deal with up to 6.00 billion new shares, representing 20% of the 30.00 billion shares currently in issue.  – Share Repurchase: A mandate to buy back up to 3.00 billion shares (10% of issued capital) is requested.  – Extension: The number of shares repurchased under the above mandate may be added to the issuance limit.

• Governance – Shareholders will vote on adopting a third amended and restated memorandum and articles of association, which will permit hybrid/electronic meetings, electronic voting and other housekeeping changes.

• Important Dates –  – Register closes: 26–29 May 2026 (both days inclusive).  – Record date for AGM voting: 29 May 2026.

All resolutions will be decided by poll. Should the proposed amendments pass, the new corporate governance framework will take effect immediately after the AGM.