Green Tea Group Limited convened its 2026 annual general meeting (AGM) on 26 June 2026, with 626.51 million voting shares represented—93.03% of the company’s 673.45 million issued shares after excluding 31.95 million scheme shares barred from voting and 15.00 million treasury shares. Tricor Investor Services acted as scrutineer.
Key resolutions and outcomes:
1. Financial statements and reports for the year ended 31 December 2025 were adopted unanimously, receiving 467.75 million votes in favour (100.00%).
2. Board composition was reaffirmed. Executive Director Ms. Yu Liying (99.91% approval) and Independent Non-executive Director Mr. Shao Xiaodong (99.94% approval) were re-elected; the Board was authorised to set directors’ remuneration with full shareholder support.
3. KPMG was re-appointed auditor with 99.99% approval.
4. Shareholders endorsed a final dividend of HK$0.52 per share for FY 2025, backed by 100.00% of votes cast.
5. Capital authorities: • General issuance mandate: Directors may allot or transfer shares (including treasury shares) up to 20% of issued share capital, approved by 95.77% of votes. • Repurchase mandate: Authority to buy back up to 10% of issued shares passed with 100.00% support. • Extension mandate: The issuance limit may be increased by the number of repurchased shares, approved by 93.81% of votes.
Directorate change:
Non-executive Director Mr. Liu Sheng retired at the close of the AGM to pursue personal commitments. He confirmed no disagreement with the Board, which expressed gratitude for his contributions.
Following these decisions, the Board comprises Executive Directors Mr. Wang Qinsong (Chairman & CEO), Ms. Yu Liying and Mr. Wang Jiawei; Non-executive Directors Ms. Lu Changmei and Ms. Xu Ruijie; and Independent Non-executive Directors Mr. Shao Xiaodong, Mr. Bruno Robert Mercier and Mr. Fan Yongkui.
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